Miami International to acquire the remaining 70.54% stake in The International Stock Exchange for £50m.

Miami International, a global financial exchanges and execution services operator, agreed to acquire the remaining 70.54% stake in The International Stock Exchange, a financial markets and securities services provider, for £50m. "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. 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," Thomas P. Gallagher, MIH Chairman and CEO.