Intercontinental Exchange to buy Interactive Data for $5bn

Intercontinental Exchange, the US exchanges operator, is making an aggressive push into fixed income markets, long dominated by investment banks, with the purchase of Interactive Data (IDC) in a deal worth $5.2bn.

Atlanta-based ICE has agreed to pay Silver Lake and Warburg Pincus, IDC’s private equity owners, $3.65bn in cash and $1.55bn in common stock for IDC, which provides analytics and reference data for banks and hedge funds for hard-to-value off-exchange financial instruments.


By clicking on the proceed button, you are confirming that you have read and agreed to our cookie and privacy policy.