By Barbara Kollmeyer
MADRID (MarketWatch) -- IntercontinentalExchange ICE -0.60% said Tuesday that its Euronext NV exchange unit will be valued at between €1.33 billion and €1.75 billion ($1.81 billion to $2.38 billion) following its initial public offering expected on June 20 in Paris, Amsterdam and Brussels, and later in Lisbon. The selling range for shares of Euronext is set at €19 to €25, which could raise between €880 million and €1.158 billion, assuming an overallotment option is fully exercised. The Euronext IPO was announced last month for the exchange which operates stock markets in those countries. ICE, which is based in Atlanta, took over Euronext late last year after buying NYSE Euronext for $11 billion.
