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NYSE Euronext Closes Acquisition Of NYFIX For About $144 Mln

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Monday, NYSE Euronext (NYX) said that it has closed its acquisition, through NYSE Technologies, of NYFIX, Inc. (NYFX) in an all-cash deal for about $144 million or $1.675 per common share without interest plus preferred stock consideration. This acquisition expands NYSE Euronext's pre-trade product offering and global buy-side and sell-side communities.

With the completion of the acquisition, the NYFIX FIX business, which incorporates the company's NYFIX Marketplace and the industry-leading FIX Software business, now becomes part of the offerings of NYSE Technologies.

NYFIX Euro Millennium operations will cease immediately with a view to customers bringing their liquidity to SmartPool, the European dark liquidity venue created by NYSE Euronext in partnership with leading investment banks.

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