ICE may have more time to consider bid for London bourse

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IntercontinentalExchange Group (ICE) Won't Make offer for LSEG

May 4, 2016 7:32 AM EDT

Intercontinental Exchange, Inc. (NYSE: ICE) provided the following statement.

On March 1, 2016, Intercontinental Exchange, Inc. (ICE), announced under Rule 2.4 of the City Code on Takeovers and Mergers (the Code) that it was considering making an offer for LSEG.

Following due diligence on the information made available, ICE determined that there was insufficient engagement to confirm the potential market and... More