Euronext Division Is Not for Sale, NYSE CEO Niederauer Says
This article is for subscribers only.
NYSE Euronext, the exchange operator that agreed to be bought by IntercontinentalExchange Inc., said its European equities unit Euronext is not for sale.
NYSE Euronext and ICE said in December that they plan to explore an initial public offering for Euronext, which operates bourses in Paris, Lisbon, Brussels and Amsterdam. Earlier this month, Reuters reported that ICE would consider a sale of the European equities division if it gets bids during the takeover, citing three unidentified people close to the exchange.