ICE Confirms Considering Offer For London Stock Exchange - Quick Facts

(RTTNews) - In response to recent press speculation, Intercontinental Exchange (ICE) today confirmed that it is considering making an offer for London Stock Exchange Group plc (LSE.L).

Meanwhile, Intercontinental Exchange noted that no approach has been made to the board of LSEG, and no decision has yet been made as to whether to pursue such an offer.

ICE noted that there can be no certainty that any offer will be made, nor as to the terms on which any offer will be made and plans to make further announcement as appropriate.

ICE must, by no later than 5.00 p.m. on 29 March 2016, either announce a firm intention to make an offer, or announce that it does not intend to make an offer.

Few days back, London Stock Exchange and Deutsche Börse AG (DBOEY.PK, DBOEF.PK) announced key terms for the potential merger.