ICE to buy UK-based Climate Exchange for $604 million

摘要

London-US futures exchange operator IntercontinentalExchange has agreed to buy UKbased Climate Exchange, which operates a number of emissions market exchanges, for $604 million, ICE said April 30. Climate Exchange operates the European Climate Exchange, the Chicago Climate Exchange and the Chicago Climate Futures Exchange. Under the terms of the acquisition, Climate Exchange shareholders will receive GBP7.50 ($11.50)/share in Climate Exchange, valuing the entire existing issued and to be issued share capital of Climate Exchange at around GBP395 million ($604 million).