NYSE Euronext Receives EUR 161.6 Million (USD227.5 Million) In Connection With Sale Of GL TRADE To SunGard

NYSE Euronext (NYX), in connection with the completion of SunGard's acquisition of a majority interest in GL TRADE and related transactions, has announced the receipt of EUR 161.6 million (USD227.5 million) from the sale of its 40% ownership stake in GL TRADE to SunGard.

On August 1, 2008, SunGard and GL TRADE announced SunGard's intention to acquire a majority stake in GL TRADE. SunGard made an offer to acquire approximately 64.5% of GL TRADE from Euronext Paris S.A., a wholly-owned subsidiary of NYSE Euronext, and other significant shareholders at a price of 41.70 per share. The price offered represented a 24% premium to GL TRADE's closing stock price on July 31, 2008.

For financial reporting purposes, the business of GL TRADE will be presented as discontinued operations. The associated results of operations and financial position will be reported separately for all periods presented.