Miami International Holdings to Acquire The International Stock Exchange

Miami International Holdings, Inc. and The International Stock Exchange Group Limited  announced that they have reached agreement on the terms of a recommended cash offer to be made by MIH, via MIH's wholly-owned subsidiary, MIH East Holdings, Limited East Holdings, to acquire the entire issued and to be issued ordinary share capital of TISE not already owned by MIH East Holdings (the Acquisition). Headquartered in Guernsey, TISE provides financial markets and securities services to public and private companies. Best known as one of Europe's major professional bond markets, at the end of 2024, TISE reported having over 4,400 securities on its Official List with a total market value of more than £750 billion ($975 billion).  "The acquisition of TISE represents an attractive international expansion opportunity for MIH, allowing us to further execute on our strategy of operating regulated financial markets both in the U.S. and internationally," said Thomas P. Gallagher, Chairman and CEO of MIH. "We are committed to growing our international business and believe that investing additional resources in TISE will help expand its reach and capabilities. We look forward to working with the TISE team to develop new relationships with member firms and issuers and collaborate on opportunities for TISE's future growth."