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Feb 28, 2023 · Euronext has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds , boosting the exchange operator's shares while sending Allfunds' lower.
Feb 22, 2023 · Amsterdam-headquartered Euronext has offered €8.75 per share for Allfunds, valuing the company at €5.5bn. Shares in Allfunds surged as much as 29 per cent to €9.45 after the offer was ...
- Nikou Asgari
Feb 22, 2023 · Allfunds shares soared as much as 29% to 9.445 euros following the news, hitting their highest level since May and were last up 17.25% at 8.6 euros. Euronext shares fell 7.44%.
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 ...
Mar 1, 2023 · 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.
Join the conversation. PARIS — Exchange operator Euronext said it withdrew its 5.5 billion euro ($5.82 billion) indicative offer to acquire fund distribution firm Allfunds on Tuesday. Euronext, home to Paris, Amsterdam and Milan stock exchanges, did not elaborate on the reasons that led it to drop its cash-and-shares bid for Allfunds.
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Feb 22, 2023 · Euronext said it was in active discussions with Allfunds' largest shareholders about a takeover, and the offer was under consideration by the board of the company. Euronext is offering a total of 8.75 euros per share, consisting in 5.69 euros per share in cash plus 0.04059 new Euronext shares.