IntercontinentalExchange Inc said its takeover of NYSE Euronext would close on November 13, after clearing final regulatory hurdles on Friday. The derivatives exchange and clearing house operator said in December it would buy the owner of the New York Stock Exchange in a deal that also gives ICE control of Liffe, Europe's No 2 derivatives market.
The transaction had been expected to close on Monday, November 4, but ICE said on Wednesday that while there were no substantive issues remaining, certain European regulators needed more time to review the takeover. The deal, which consists of around 75 percent shares and 25 percent cash, was worth 10.9 billion as of November 1.
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