M&A Deal Summary

ICE Acquires Singapore Mercantile Exchange Pte.

On November 18, 2013, ICE acquired financial services company Singapore Mercantile Exchange Pte. from Financial Technologies Singapore Pte. for 150M USD

Acquisition Highlights
  • This is ICE’s 8th transaction in the Financial Services sector.
  • This is ICE’s 10th largest (disclosed) transaction.
  • This is ICE’s 1st transaction in Singapore.

M&A Deal Summary

Date 2013-11-18
Target Singapore Mercantile Exchange Pte.
Sector Financial Services
Buyer(s) ICE
Sellers(s) Financial Technologies Singapore Pte.
Deal Type Divestiture
Deal Value 150M USD

Target

Singapore Mercantile Exchange Pte.

Singapore, Singapore
website
Singapore Mercantile Exchange, which offers futures products in gold, silver, base metals, currencies and black pepper.

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Buyer(S) 1

Buyer

ICE

Atlanta, Georgia, United States

website


Category Company
Founded 2000
Sector Financial Services
Employees8,911
Revenue 9.6B USD (2022)
DESCRIPTION
Entrance to Intercontinental Exchange's corporate headquarters in Atlanta, Georgia.
Entrance to Intercontinental Exchange's corporate headquarters in Atlanta, Georgia.

ICE is a network of regulated exchanges and clearing houses. ICE’s futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency. ICE was formed in 2000 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 10 of 29
Sector (Financial Services) 8 of 10
Type (Divestiture) 1 of 9
Country (Singapore) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 10 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-31 Debt Market

Danville, California, United States

Debt Market, a financial service company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-01 Euronext

Amsterdam, Netherlands

Euronext is a provider of a broad portfolio of products, services, and platforms that cover the full range of financial market services. Euronext provides listing, trading, market data, indices, clearing, settlement, and custody as well as the development and operation of high-end trading systems. Euronext is based in Amsterdam. Euronext was founded in 2000 and is based in Amsterdam, the Netherlands.

Sell -

Seller(S) 1

SELLER
DESCRIPTION

Financial Technologies Singapore Pte. Ltd. provides futures products in gold, silver, base metals, currencies and black pepper.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Singapore) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1