FILE PHOTO: A screen displays the ticker symbol and logo for Intercontinental Exchange Inc. (ICE) on the floor of the New York Stock Exchange (NYSE), March 1, 2016. REUTERS/Brendan McDermid
(Reuters) -New York Stock Exchange-parent Intercontinental Exchange said on Wednesday it will acquire Black Knight in a deal valuing the mortgage-lending software and data analytics firm at $13.1 billion.
ICE's cash-and-stock offer of $85 per share is a premium of nearly 34% to Black Knight's close on Tuesday. The deal's enterprise value is about $16 billion.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
