News

back to news

IntercontinentalExchange to Acquire NYSE Euronext for US $8.2 billion

Toronto, Ontario – Thursday, December 20th, 2012 – Urbana Corporation (“Urbana”) (TSX: URB, URB.A) is very pleased with the announcement that the IntercontinentalExchange (“ICE”) has agreed to buy NYSE Euronext (“NYX”) in a stock and cash transaction valued at US$8.2 billion, or US$33.12 a share.

 

After the Chicago Board Options Exchange (“CBOE”), NYX is Urbana’s second largest holding. Urbana owns 1,650,000 NYX shares worth US$39 million prior to the transaction.

 

At the announced price, the proposed NYX/ICE transaction adds US$15 million to the value of Urbana’s portfolio.

 

Thomas S. Caldwell, C.M. President

 

 

For further information please contact Elizabeth Naumovski, Investor Relations at 416-595-9106.

 

 

Forward Looking Statements

 

Certain statements in this press release constitute “forward-looking” statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Urbana to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Unless required by applicable securities law, Urbana does not assume any obligation to update these forward-looking statements.

Net Assets per share
as of November 9, 2018
$4.35
URB STOCK TSX: URB-A
2.57 +0.00 (+0.00%)
URB STOCK TSX: URB
2.46 +0.00 (+0.00%)