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Confirmed: ICE considering offer for LSE Group

  • Intercontinental Exchange (NYSE:ICE) is considering making a counter-offer for the London Stock Exchange Group (OTCPK:LNSTY), potentially putting it head-to-head with rival bidder Deutsche Boerse (OTCPK:DBOEY).
  • "There can be no certainty that any offer will be made, nor as to the terms on which any offer will be made. A further announcement will be made as appropriate," ICE said in a statement. "An offer will be made no later than 5pm on March 29."
  • LSE Group +7.8% in London.
  • Previously: Bloomberg: ICE preparing counteroffer for London Stock Exchange (Feb. 29 2016)

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Intercontinental Exchange, Inc.