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eBay purchase by ICE is off

The takeover of the online marketplace eBay (PETworldwide.net reported) by the stock exchange group Intercontinental Exchange (ICE) is not going ahead. The information portal Onlinehändler-News, quoting from the Handelsblatt, reports that eBay itself had rejected a purchase and that ICE now did not want to pursue the purchase plans any further.

The failed acquisition had a direct impact on the stock exchange: eBay shares fell by almost seven per cent, while the shares of Intercontinental Exchange rose by almost five per cent.

|13 February 2020


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