NYSE Euronext (NYX) intends to spin off Paris-based Matif, Europe's biggest grain futures...

|About: NYSE Euronext (NYX)|By:, SA News Editor

NYSE Euronext (NYX) intends to spin off Paris-based Matif, Europe's biggest grain futures market, as part of its attempts to gain regulatory and political support for its $8.2B acquisition by ICE (ICE). Matif would be included alongside the spin-off of four NYSE Euronext European stock exchanges, although the companies plan to keep most of NYSE's London-based Liffe futures operations.