Chicago Stock Exchange Inc., fresh off a two-year saga that saw it terminate a sale to a Chinese-tied investor group, is now in talks with New York Stock Exchange LLC about a potential sale, The Wall Street Journal reported.
Intercontinental Exchange Inc.-owned NYSE has discussed paying approximately $70 million for the CHX Holdings Inc.-owned exchange, more than 3x the $20 million North America Casin Holdings Inc. was paying. The deal with the Chinese-led group failed to receive the Securities and Exchange Commission's approval.
The Journal, however, noted that talks between NYSE and Chicago Stock Exchange may or may not result in a definitive deal.
A spokesperson for the NYSE did not immediately respond to a request for comment. Meanwhile, CHX Holdings declined to comment, the Journal noted.