Irish Stock Exchange bought in €159m deal

Five of the country’s main stockbroking firms are set to share nearly €159m from the sale of the Irish Stock Exchange (ISE).

Five of the country’s main stockbroking firms are set to share nearly €159m from the sale of the Irish Stock Exchange (ISE).

European market operator Euronext — which owns the Paris, Amsterdam, Lisbon and Brussels stock exchanges — has acquired the ISE; spending €137m on all of its shares and a further €21.8m covering its regulatory capital requirements. The transaction is expected to complete during the first quarter of next year.