Shearman And Sterling

News October 24, 2017

Shearman & Sterling Advises Intercontinental Exchange on Its Acquisition of Strategic Stake in Euroclear

Shearman & Sterling is advising Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services, on its acquisition of a 4.7% stake in Euroclear from The Royal Bank of Scotland Group for €275 million.

Intercontinental Exchange (NYSE:ICE) is a Fortune 500 company that operates a leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financial and commodity markets.

Euroclear is a leading provider of post-trade services, including settlement, central securities depositories and related services for cross-border transactions across asset classes.