, MKTX
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| Date: | --/--/-- --:--:-- |
| Event Id: | E5L6IKQLU |
| Action Type: | MERGER |
| Action Status: | ANNOUNCED |
| Acquirer Symbol: | |
| Target Symbol: | MKTX |
| Updated: | --/--/-- --:--:-- |
| Purchase Price Per Share: | 167 |
| Price Per Share Currency: | USD |
| News References: | https://www.businesswire.com/news/home/20260730809991/en/ |
Action Notes
Intercontinental Exchange, Inc. (NYSE: ICE) today announced a definitive agreement to acquire MarketAxess Holdings Inc. (Nasdaq: MKTX). Under the terms of the agreement, ICE will acquire all outstanding shares of MarketAxess for $167 per share in cash, representing a 33% premium to MarketAxess's closing price as of July 29, 2026, representing an equity value of approximately $6.0 billion and a total enterprise value of approximately $5.7 billion. Transaction unanimously approved by the Boards of Directors of both companies; expected to close in the first half of 2027, subject to receipt of MarketAxess stockholder approval, applicable regulatory clearances, and customary closing conditions.