PARIS -(Dow Jones)- Transatlantic stock market operator NYSE Euronext (NYX) Wednesday said it plans to sell an equity stake in NYSE Amex Options Market to leading liquidity providers and market making firms.
NYSE Euronext said the stake is significant, but it wasn't more specific. It will nonetheless remain the largest shareholder.
NYSE has agreed in principle on a framework for the deal with BofA Merrill Lynch, Barclays Capital, Citadel Securities, Citi, Goldman Sachs (GS), TD Ameritrade and UBS (UBS).
The transaction is subject to the negotiation and execution of final legal documentation and obtaining the requisite regulatory approvals.
NYSE Euronext expects it to be completed by the end of 2009.
Company Web site: www.nyx.com
-By William Horobin, Dow Jones Newswires; +33 1 4017 1740; william.horobin@dowjones.com