15.07.2011 - ICE to buy 12pct stake in Brazilian clearing house
IntercontinentalExchange Inc. (ICE) Thursday said a subsidiary will pay about $512 million to acquire a 12% interest in Brazilian clearing-house operator Cetip SA from two other holders. The move comes after ICE and Nasdaq OMX Group Inc. (NDAQ) in May withdrew their $11 billion proposal to acquire NYSE Euronext (NYX) after the U.S. Justice Department suggested the deal wouldn't clear antitrust hurdles.............................................Full Article: Source
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