NYSE owner Intercontinental Exchange to buy MarketAxess in $5.7bn deal
The acquisition marks a significant step for the NYSE operator into fixed-income trading.
Talivio News · Global1 min read
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Talivio News (AI illüstrasyon)
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, has agreed to acquire MarketAxess. The deal is valued at $5.7 billion.
The acquisition marks a significant step by Intercontinental Exchange into fixed-income trading, according to one source. Another source did not mention this framing.
Updates
Intercontinental Exchange has reportedly entered a definitive agreement to acquire MarketAxess for approximately $6 billion in cash, a figure higher than the previously reported $5.7 billion. The all-cash deal, which is expected to close in the first half of 2027, values MarketAxess shares at $167 each, representing a 33% premium over their previous closing price. ICE anticipates the transaction will be accretive to adjusted EPS within the first year and expects to achieve $100 million in annual run-rate synergies within three years.
Intercontinental Exchange has reportedly reached a definitive agreement to acquire MarketAxess for approximately $6 billion in cash, according to disputed reports. The deal values MarketAxess shares at $167 each, representing a 33% premium over their previous closing price, with the transaction expected to close in the first half of 2027 pending regulatory approvals. ICE anticipates achieving $100 million in annual run-rate synergies within three years and expects the deal to be accretive to adjusted EPS within the first year.
Intercontinental Exchange has entered into a definitive agreement to acquire MarketAxess for approximately $6 billion in cash, a figure higher than the previously reported $5.7 billion. The deal, which has received approval from both companies' boards of directors, values MarketAxess shares at $167 each and is expected to close in the first half of 2027 pending regulatory approvals. Although some sources dispute the $6 billion figure, the transaction is expected to be financed through ICE's balance sheet and newly issued debt.