ICE, MKTX

, 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.