NEW YORK: Jeffrey Sprecher has defined his career by buying up rivals of Intercontinental Exchange Inc (ICE), the company he founded as an upstart in 2000. Now he is at it again.
This week, ICE said it was eyeing a bid for LSE-Group, potentially thwarting an offer for the London Stock Exchange owner by Germany-based Deutsche Boerse. The move would be one of a string of blockbuster deals for ICE, including a US$8.2bil acquisition of the bastion of American capitalism – the New York Stock Exchange (NYSE) – in 2012. ICE had gone public on the NYSE in 2005.
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