other material
confidence high
sentiment neutral
materiality 0.60
ICE completes sale of Optimal Blue and Empower LOS to Constellation Software per FTC condition
Intercontinental Exchange, Inc.
- Sale of Optimal Blue and Empower LOS businesses to Constellation Software Inc. closed Sept 15, 2023.
- Divestitures required by FTC to clear ICE's acquisition of Black Knight, which closed Sept 5, 2023.
- FTC agreement required sale within 20 days of Black Knight acquisition close.
- ICE plans investor conference call on Sept 28 at 8:30 a.m. ET for ICE Mortgage Technology go-forward strategy.
- Constellation Software Inc. (TSX: CSU) acquired the assets via its subsidiaries.