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ICE to take over NYSE Euronext stock exchange group

Friday 21 December 2012

American commodities and energy exchange ICE plans to take over the Amsterdam stock exchange - considered to be the world's first ever stock trading system.

ICE has made a $8.2bn cash and stock offer for NYSE Euronext - the biggest stock exchange group in the world which includes Amsterdam, New York and London-based Liffe options exchange. The new company will be headquartered in Atlanta.

Financial service regulators, including the Dutch central bank and finance ministry, still have to give their approval for the deal.

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