ICE Acquires MarketAxess In $5.7 Billion Deal To Expand Bond Trading
Intercontinental Exchange agreed to buy electronic fixed-income trading platform MarketAxess for $5.7 billion in cash, adding a premium of roughly 33% to the seller's stock price. The transaction establishes a purchase price of $167 per share.
MarketAxess operates a digital trading network for corporate and municipal bonds, emerging-market debt, eurobonds and U.S. Treasuries, serving approximately 2,100 institutional investors and broker-dealers. The acquisition broadens ICE's fixed-income ecosystem to include analytics, post-trade data and compliance tools. The deal is expected to close in H1 2027.
From the sources (6 posts)
@wallstengineICE TO BUY MARKETAXESS FOR $6B AT $167/shr MarketAxess $MKTX operates an electronic trading platform covering corporate and municipal bonds, emerging-market debt, Eurobonds and U.S. Treasurys, serving roughly 2,100 institutional investors
@stockmktnewzIntercontinental Exchange $ICE, the parent company of the New York Stock Exchange, has agreed to acquire MarketAxess $MKTX for $6 Billion - WSJ
@zerohedge*ICE TO BUY MARKETAXESS FOR $167/SHR IN CASH
@cnbcIntercontinental Exchange to buy MarketAxess in $5.7 billion deal
@techmemeIntercontinental Exchange agrees to acquire electronic fixed-income trading platform MarketAxess for ~$6B in cash, a 33% premium, set to close in H1 2027 (@kat_ham_ / Wall Street Journal) (Visit Techmeme dot com for the link and full conte
@reuterslegalIntercontinental Exchange said on Thursday it will acquire MarketAxess Holdings in a deal valued at $5.7 billion to expand fixed-income offerings.