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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   Feb 28, 2023 · Euronext has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds , boosting the exchange operator's shares while sending Allfunds'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.

2. www.ft.com › content › 27862df7-c47b-4c05-acbc-0ef35Euronext launches €5.5bn bid for Allfunds - Financial Times

   www.ft.com › content › 27862df7-c47b-4c05-acbc-0ef35

   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 ...

   • Author: Nikou Asgari

3. 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 ...

4. allfunds.com › en › blogWelcome to the largest digital ecosystem in the WealthTech ...

   allfunds.com › en › blog

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   Feb 22, 2023 · Allfunds Group plc confirms that it has received an unsolicited, indicative and conditional public offer proposal from Euronext N.V. for the entire issued and outstanding share capital of Allfunds Group plc at an offer price of EUR 8.75 for each Allfunds Group plc ordinary share payable as follows: EUR 5.69 in cash plus 0.04059 new Euronext N.V. shares.

5. 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 · 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. ... which it bought in a €4.4 billion deal in 2021 ...

6. www.reuters.com › markets › dealsEuronext offers 5.5 bln euros in cash, shares to buy Allfunds

   www.reuters.com › markets › deals

   Feb 22, 2023 · Although the offer values Madrid-based Allfunds above Tuesday's market cap of 4.6 billion euros, it is still below the 7.2 billion euros the distribution firm reached in its Amsterdam listing in 2021.

7. People also ask

   How much was Euronext's offer to Allfunds worth?

   • 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. While the offer valued the Madrid-based Allfunds above its market value of 4.6 billion euros at the time it was made, it was below the 7.2 billion euros the distribution firm reached in its Amsterdam listing in 2021.

   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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   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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   How much is Allfunds worth in 2021?

   • Although the offer values Madrid-based Allfunds above Tuesday's market cap of 4.6 billion euros, it is still below the 7.2 billion euros the distribution firm reached in its Amsterdam listing in 2021.

   Euronext offers 5.5 bln euros in cash, shares to buy Allfunds

   www.reuters.com/markets/deals/euronext-submits-preliminary-offer-buy-fund-distribution-firm-allfunds-2023-02-22/

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   Why did Euronext drop its bid for Allfunds?

   • Euronext, home to the Dublin, Paris, Amsterdam and Milan stock exchanges, did not elaborate on the reasons that led it to drop its cash-and-shares bid for Allfunds. The exchange operator competes in Europe against bigger rivals Deutsche Boerse and London Stock Exchange Group.

   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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   Why did Allfunds resign from Euronext?

   • "The Allfunds board considered that the terms of the proposal were inadequate. Allfunds subsequently entered into discussions on terms with Euronext but no agreement was reached and discussions have been terminated," Allfunds said on Wednesday, after Euronext withdrew its offer.

   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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   How did Allfunds perform in the first six months of 2022?

   • In the first six months of 2022, Allfunds increased its adjusted EBITDA by 4% year-on-year to 188 million euros. 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%.

   Euronext offers 5.5 bln euros in cash, shares to buy Allfunds

   www.reuters.com/markets/deals/euronext-submits-preliminary-offer-buy-fund-distribution-firm-allfunds-2023-02-22/

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8. www.marketscreener.com › news › latestEuronext offers 5.5 billion euros in cash, shares to buy Allfunds

   www.marketscreener.com › news › latest

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   Feb 22, 2023 · Madrid-based Allfunds was listed in Amsterdam in 2021, in a deal that gave the fund distribution firm a valuation of about 7.2 billion euros, but since then, its shares have suffered from rising inflation. It closed on Tuesday with a market cap of 4.6 billion euros. Euronext said there was no certainty that it would make a binding offer.