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Not received a rejection
- 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.
www.finextra.com/newsarticle/41894/why-did-euronext-drop-bid-to-acquire-allfundsWhy did Euronext drop bid to acquire Allfunds? - finextra.com
Mar 1, 2023 · Euronext said it has not received a rejection from Allfunds. Euronext’s pursuit of Allfunds had prompted scepticism from some analysts and hit the group’s share price.
- Sarah Provan
Feb 28, 2023 · PARIS, March 1 (Reuters) - Euronext (ENX.PA) has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds (ALLFG.AS), boosting the exchange operator's...
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.
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...
Mar 1, 2023 · Euronext clarified to The TRADE that no rejection of the offer from Allfunds had been received. Allfunds, which was acquired by H&F in 2017 and listed on Euronext Amsterdam in 2021, could yet see offers from rival stock exchanges – with interest previously reported from alternative European players including Deutsche Börse.
Feb 28, 2023 · Euronext NV has withdrawn an indicative, €5.5 billion ($5.8 billion) offer for investment-platform Allfunds Group Plc after both sides were unable to agree on the terms of a takeover. The board...
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Feb 28, 2023 · PARIS (Reuters) -Euronext has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds, boosting the exchange operator's shares while sending...
