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1. www.reuters.com › markets › dealsEuronext pulls $5.8 billion offer to buy Allfunds | Reuters

   www.reuters.com › markets › deals

   Feb 28, 2023 · But Euronext shares did not respond well, falling by around 10% over the last week. Euronext's indicative offer amounted to 8.75 euros per share and consisted of 5.69 euros per share in cash plus ...

   • Euronext hits reset button for Allfunds' M&A prospects after ...

     Euronext last week had made an indicative cash-and-shares...

2. www.finextra.com › newsarticle › 41894Why did Euronext drop bid to acquire Allfunds? - finextra.com

   www.finextra.com › newsarticle › 41894

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   Mar 2, 2023 · Euronext said it had not received a rejection from Allfunds. Whatever the reason, the markets responded by reversing the previous gains and losses at both firms, sending share in Euronext up by 5% ...

3. www.ft.com › content › 36785899-c0d2/4447/81b5-6fbAllfunds shares tumble after Euronext abandons deal

   www.ft.com › content › 36785899-c0d2/4447/81b5-6fb

   Mar 1, 2023 · Shares in fund platform Allfunds tumbled on Wednesday after Euronext abandoned an attempt to buy the group in a deal that would have valued it at €5.5bn. Euronext, Europe’s biggest exchange ...

   • Author: Sarah Provan

4. www.euronext.com › en › investor-relationsEuronext withdraws its indicative offer for Allfunds

   www.euronext.com › en › investor-relations

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   Feb 28, 2023 · Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 28 February 2023 – Euronext, the leading pan-European market infrastructure, today announced that it has informed the Board of Allfunds that Euronext withdraws its indicative offer to acquire 100% of Allfunds’ share capital. This follows the statement regarding recent press ...

5. www.bloomberg.com › news › articlesEuronext Withdraws Takeover Bid for Allfunds Group

   www.bloomberg.com › news › articles

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   Feb 28, 2023 · Euronext NV has withdrawn an indicative, €5.5 billion ($5.8 billion) offer for investment-platform Allfunds Group Plc after both sides were unable to agree on the terms of a takeover.

   • Author: Alexandre Rajbhandari

6. www.rte.ie › 0301 › 1359547-euronext-allfunds-dealEuronext pulls €5.5 billion offer to buy Allfunds - RTÉ

   www.rte.ie › 0301 › 1359547-euronext-allfunds-deal

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   Mar 1, 2023 · Shares of Euronext fell by 10% over the last week. Allfunds board was poised to reject Euronext's offer, the source had told Reuters before Euronext's statement, speaking on condition of anonymity ...

7. People also ask

   How much did Euronext offer Allfunds?

   • Euronext's indicative offer for Allfunds amounted to €8.75 per share and consisted of €5.69 per share in cash plus 0.04059 new shares. While the offer had valued the Madrid-based Allfunds above its market cap of €4.6 billion at the time, it was still below the €7.2 billion the distribution firm reached in its Amsterdam listing in 2021.

   Euronext pulls €5.5 billion offer to buy Allfunds - RTÉ

   www.rte.ie/news/business/2023/0301/1359547-euronext-allfunds-deal/

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   Did Euronext receive a rejection from Allfunds?

   • Euronext said it had not received a rejection from Allfunds. Whatever the reason, the markets responded by reversing the previous gains and losses at both firms, sending share in Euronext up by 5% and Allfunds down by 13%.

   Why did Euronext drop bid to acquire Allfunds?

   www.finextra.com/newsarticle/41894/why-did-euronext-drop-bid-to-acquire-allfunds

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   Why did Euronext NV withdraw offer for Allfunds Group plc?

   • Euronext NV has withdrawn an indicative, €5.5 billion ($5.8 billion) offer for investment-platform Allfunds Group Plc after both sides were unable to agree on the terms of a takeover. The board of Allfunds considered the Euronext proposal inadequate, according to a statement Wednesday.

   Euronext Withdraws Takeover Bid for Allfunds Group

   www.bloomberg.com/news/articles/2023-02-28/euronext-withdraws-takeover-bid-for-allfunds-group

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   Will Euronext acquire Allfunds' share capital?

   • Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 28 February 2023 – Euronext, the leading pan-European market infrastructure, today announced that it has informed the Board of Allfunds that Euronext withdraws its indicative offer to acquire 100% of Allfunds’ share capital.

   Euronext withdraws its indicative offer for Allfunds

   www.euronext.com/en/investor-relations/financial-information/news/euronext-withdraws-its-indicative-offer-for-allfunds

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   Why did Euronext drop a bid?

   • Euronext says it dropped the bid after performing due diligence, an explanation rejected by Allfunds, which claims to have put the brakes on after concluding that Euronext's terms were "inadequate". Euronext said it had not received a rejection from Allfunds.

   Why did Euronext drop bid to acquire Allfunds?

   www.finextra.com/newsarticle/41894/why-did-euronext-drop-bid-to-acquire-allfunds

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   Why did Euronext withdraw its offer?

   • The takeover would have been the latest in a buying spree for Euronext, which has scooped up several exchanges and market infrastructure companies in recent years under chief executive Stéphane Boujnah. “We have decided to withdraw our offer following due diligence,” Euronext told the Financial Times.

   Allfunds shares tumble after Euronext abandons deal - Financial Times

   www.ft.com/content/36785899-c0d2-4447-81b5-6fb1828a8a51

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8. www.reuters.com › markets › dealsEuronext hits reset button for Allfunds' M&A prospects after ...

   www.reuters.com › markets › deals

   Mar 1, 2023 · Euronext last week had made an indicative cash-and-shares offer for Allfunds of 5.5 billion euros ($5.86 billion), sending its own shares down in a sign of shareholder skepticism. On Tuesday ...