(Reuters) -NYSE parent Intercontinental Exchange is in talks to buy Enverus in a deal that would value the energy data and analytics specialist firm at at least $6 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.
A final agreement has not been reached and discussions could still end without a deal, the report added.
Mergers and acquisitions activity is expected to gain momentum in the second half of the year, driven by a softer U.S.
stance on trade and expectations of lower interest rates, which are bolstering executive sentiment.
A spokesperson for private equity firm Hellman & Friedman, which owns Enverus, declined to comment on the report.
ICE and Enverus did not immediately respond to Reuters’ requests for comment.
(Reporting by Ateev Bhandari in Bengaluru; Editing by Mohammed Safi Shamsi)
