CME Group to Acquire NEX Group plc, Bringing Together Cash, Futures and OTC Marketplaces - Seite 3

• Expands CME Group's FX business beyond futures to spot products, and broadens Treasury offering to include cash products.
• Allows CME to introduce futures to the broad NEX user base, particularly in FX trading.
• Increases international footprint and expands sales team and relationship-based trading capabilities.
• Offers solutions for the full post-trade value chain, and creates opportunities to develop new products and services to address the continuing impact of uncleared margin rules.
• Adds recurring, subscription-based revenue to CME Group transaction-based revenue model.

Terms of the Transaction

• NEX shareholders will be entitled to receive, for each NEX share: 500 pence in cash and 0.0444 shares of CME Group Class A common stock. 
• The transaction is expected to be immediately accretive to adjusted cash earnings per share, with run-rate cost synergies of $200 million annually by the end of 2021, assuming deal completion in 2018.

J.P. Morgan is acting as lead financial advisor and Barclays is acting as financial advisor to CME Group, and Skadden, Arps, Slate, Meagher & Flom LLP is acting as CME Group's legal advisor.  Evercore and Citi are acting as financial advisors to NEX, and Clifford Chance LLP is acting as NEX's legal advisor.

Investor and Media Calls

An investor slide deck is now available on the Investor Relations section of CME Group's web site at www.cmegroup.com.  CME and NEX will hold an investor call and webcast today at 8:30 a.m. Eastern Time / 7:30 a.m. Central Time to discuss this announcement. A live audio webcast of the Q&A call will be available on the Investor Relations section of CME Group's web site. In the United States, investors can participate by phone at +1.800.263.8506, and outside the U.S. at +1.719.457.2615.  After the call, an archived recording will be available online and will be accessible by phone for seven days at +1.888.203.1112 in the U.S. and +1.719.457.0820 outside the U.S. with passcode 1872692.

The companies also will hold a media call at 9:30 a.m. Eastern Time / 8:30 Central Time.  Journalists can participate in the United States by calling +1.888.417.2254 and internationally by dialing +1.719.457.2656.

About CME Group

As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk.  CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals.  Around the world, CME Group brings buyers and sellers together through its CME Globex® electronic trading platform.  CME Group also operates one of the world's leading central counterparty clearing providers through CME Clearing, which offers clearing and settlement services across asset classes for exchange-traded and over-the-counter derivatives.  CME Group products and services ensure that businesses around the world can effectively manage risk and achieve growth.