2024-11-16 23:39:50
Author: Euroclear / 2023-07-28 01:32 / Source: Euroclear

Statement on intended transaction between Silver Lake and Intercontinental Exchange

Statement on intended transaction between Silver Lake and Intercontinental Exchange

BRUSSELS,Oct. 19,2021 -- The Board of Euroclear Holding SA/NV notes today's announcement that Intercontinental Exchange,a Euroclear shareholder since 2017,has entered into an agreement to sell its 9.85% stake to Silver Lake.


In light of this announcement,Euroclear must now follow the regulatory requirements necessary for such a transaction.


AboutEuroclear

Euroclear group is the financial industry's trusted provider of post trade services.Euroclear provides settlement and custody of domestic and cross-border securitiesfor bonds,equities and derivatives to investment funds. Euroclear is a proven,resilientcapital market infrastructure committed to deliveringrisk-mitigation,automationand efficiencyatscaleforits global client franchise.

The Euroclear group comprises Euroclear Bank,the International CSD,as well as Euroclear Belgium,EuroclearFinland,Euroclear France,Euroclear Nederland,Euroclear Sweden and EuroclearUK & International. The Euroclear group settled the equivalent of EUR 897 trillion insecuritiestransactionsin2020,representing276milliondomesticandcross-border transactions,andheldEUR35.2 trillioninassetsforclientsbyendJune 2021.Formore informationaboutEuroclear,please visitwww.euroclear.com

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Tags: Banking/Financial Service

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