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ICE agrees to acquire MarketAxess for approximately $6 billion

The Wall Street Journal +1 ·

MKTX
MKTX MarketAxess Holdings Inc
$162.86 +29.53%
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  1. 1Intercontinental Exchange (ICE) has agreed to acquire electronic bond-trading platform MarketAxess (MKTX) for $167 per share in cash
  2. 2Equity value of approximately $6 billion, a 33% premium over Wednesday's closing price, with an enterprise value of approximately $5.7 billion
  3. 3Integrating the fixed-income trading lifecycle onto a single platform, with a target close in the first half of 2027

This 3-line summary is compiled from the report below.

The Wall Street Journal +1 View original ↗
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