ICE agrees to buy MarketAxess for USD 167 per share in cash, valuing deal at USD 6 billion

• ICE agreed to buy MarketAxess for USD 167 per share in cash, valuing the equity at about USD 6 billion.
• The deal implies an enterprise value of about USD 5.7 billion, a 33% premium to MarketAxess’s July 29 close.
• ICE plans to fund the purchase with newly issued debt, including bonds, a term loan, and commercial paper.
• The companies expect USD 100 million of annual run-rate expense synergies within three years, with adjusted EPS accretion in year one.
• Closing is targeted for the first half of 2027, subject to MarketAxess stockholder approval and customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICE - Intercontinental Exchange Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260730809991) on July 30, 2026, and is solely responsible for the information contained therein.