ICE boss attacks LSEG management; rules out counterbid
The ICE chief said there was "disappointing" interaction with LSEG management over potential merger talks.
ICE sees no potential market or shareholder benefits of a deal with LSE.
Kenneth Kok is set to take over role following David Lo’s retirement earlier this year.
Higher counterbid from ICE likely as LSEG reports strong first quarter performance.
CEO, Bob Greifeld, said strong performance was down to “relentless focus on applied technology, innovation, and resiliency.”
Overall revenues up 3% in the first three months of 2016, but fixed income and equities revenues suffer.
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Bats Global Markets beats its $244 million IPO target, raising a total of $252.7 million.