Acquisition2025-01-08confirmed
Intercontinental Exchange (ICE) × 7RIDGE
ICE announced on January 8, 2025, that it acquired the American Financial Exchange (AFX) from the private equity firm 7RIDGE. [36] The acquisition includes the AMERIBOR benchmark, a key alternative data point for credit-sensitive interest rates. The transaction was not expected to have a material impact on ICE's financial results. [36]
Price paid
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Not disclosed
Losing bid
—
Per unit
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no meaningful ratio
The asset
Acquisition of the American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing and operator of the AMERIBOR credit-sensitive interest rate benchmark. [36]
The record
- Seller status
- Going concern
- Sector
- Financial exchange
- Modalities
- data feeds, benchmark rates
- Jurisdiction
- US
- Personal data
- not_applicable
What it means if you hold data
This acquisition gives a major exchange operator control over a significant credit-sensitive interest rate benchmark, highlighting the strategic importance of owning the source of key financial data.