Deutsche Borse Completes Sale of ISE to Nasdaq

[kreslik.news]

Germany-based exchange and clearing house operator, Deutsche Borse AG, today announced that it has completed the sale of International Securities Exchange Holdings Inc. (ISE) to Nasdaq today, as it finished its divestiture of ISE for $1.1b.

In a parallel announcement, Nasdaq also today announced that it completed its acquisition of International Securities Exchange, after the March 9th agreement with Deutsche Borse.

ISE operates three equity options exchanges in the United States, including ISE Gemini, ISE Mercury and International Securities Exchange, under its holding company U.S. Exchange Holdings Inc.

Nasdaq had moved to acquire ISE from Deutsche Borse earlier in March 2016 during a ... (read more)