ICE Announces Expected Closing for Acquisition of SPSE and CMA Assets
Posted: Tue Aug 16, 2016 9:21 pm
Intercontinental Exchange (NYSE: ICE), an operator of global exchanges and clearing houses and provider of data, has announced that following US Department of Justice clearance, it will close its acquisition of S&P Global’s Securities Evaluations (SPSE) and Credit Market Analysis (CMA), two assets within the S&P Global Market Intelligence division.
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ICE is expecting to fund the purchase price with cash and the transaction is expected to close in October 2016, at which time SPSE and CMA will become part of ICE Data Services.
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