NYSE Euronext To Sell Stake In NYSE Amex Options Market
September 09 2009 - 2:22AM
Dow Jones News
Transatlantic stock market operator NYSE Euronext (NYX)
Wednesday said it plans to sell an equity stake in NYSE Amex
Options Market to leading liquidity providers and market making
firms.
NYSE Euronext said the stake is significant, but it wasn't more
specific. It will nonetheless remain the largest shareholder.
NYSE has agreed in principle on a framework for the deal with
BofA Merrill Lynch, Barclays Capital, Citadel Securities, Citi,
Goldman Sachs (GS), TD Ameritrade and UBS (UBS).
The transaction is subject to the negotiation and execution of
final legal documentation and obtaining the requisite regulatory
approvals.
NYSE Euronext expects it to be completed by the end of 2009.
Company Web site: www.nyx.com
-By William Horobin, Dow Jones Newswires; +33 1 4017 1740;
william.horobin@dowjones.com
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