NYSE Euronext approves merger

NYSE Euronext said yesterday its shareholders approved the exchange operator’s $8.2bn (£5.35bn) takeover by IntercontinentalExchange (ICE). NYSE said preliminary results from its special meeting of shareholders showed that the deal has been approved. ICE shareholders have also approved the deal. The tie-up will see the formation of a new combined company, IntercontinentalExchange Group, which will be worth around $20bn.