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1. • 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-allfunds

     Why did Euronext drop bid to acquire Allfunds? - finextra.com

2. 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 · The exchange owner formally withdrew its bid on Wednesday following speculation overnight that it had been rejected by Allfunds. Euronext said it has not received a rejection from...

   • Author: Sarah Provan

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

   www.reuters.com › markets › deals

   Feb 28, 2023 · PARIS, March 1 (Reuters) - Euronext (ENX.PA) has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds (ALLFG.AS), boosting the exchange...

4. 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...

5. 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.

6. www.thetradenews.com › euronext-allfunds-deal-offEuronext, Allfunds deal off the table - The TRADE

   www.thetradenews.com › euronext-allfunds-deal-off

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   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.

7. 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. The...

8. People also ask

   Will Euronext buy Allfunds?

   • The exchange operator, which competes in Europe against bigger rivals Deutsche Boerse and London Stock Exchange Group, submitted a preliminary offer to buy Allfunds on Feb. 22, aiming to diversify its business. Euronext’s indicative offer amounted to 8.75 euros per share and consisted of 5.69 euros per share in cash plus 0.04059 new shares.

   Euronext pulls $5.8 billion offer to buy Allfunds

   financialpost.com/pmn/business-pmn/euronext-pulls-5-8-billion-offer-to-buy-allfunds

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   Did Euronext receive a rejection from Allfunds?

   • 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. The fall in Euronext shares had made the stock portion of the bid less appealing to Allfunds, according to a person familiar with the matter.

   Allfunds shares tumble after Euronext abandons deal - Financial Times

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

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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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   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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   How much did Allfunds trade before Euronext offer?

   • "Allfunds shares were trading around 7.20 euros before news of Euronext's unsolicited indicative offer became public. To our mind, this is unlikely to represent a floor for the shares now that deal talks have collapsed," wrote brokerage Jefferies.

   Euronext pulls $5.8 billion offer to buy Allfunds | Reuters

   www.reuters.com/markets/deals/allfunds-board-poised-reject-euronexts-offer-source-2023-02-28/

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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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9. financialpost.com › pmn › business-pmnEuronext pulls $5.8 billion offer to buy Allfunds | Financial ...

   financialpost.com › pmn › business-pmn

   Mar 1, 2023 · The exchange operator, which competes in Europe against bigger rivals Deutsche Boerse and London Stock Exchange Group, submitted a preliminary offer to buy Allfunds on Feb. 22, aiming to diversify its business. But Euronext shares did not respond well, falling by around 10% over the last week.