Yahoo Canada Web Search

Search results

1. • • PARIS, March 1 (Reuters) - Euronext (ENX.PA) has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds (ALLFG.AS), boosting the exchange operator's shares while sending Allfunds' lower.
     Reference:

     Euronext pulls $5.8 billion offer to buy Allfunds | Reuters

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   Feb 28, 2023 · Euronext has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds , boosting the exchange operator's shares while sending Allfunds'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

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

     LONDON, Feb 22 (Reuters) - Exchange operator Euronext...

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

   www.reuters.com › markets › deals

   Feb 22, 2023 · LONDON, Feb 22 (Reuters) - Exchange operator Euronext (ENX.PA) has submitted a preliminary offer to buy fund distribution firm Allfunds (ALLFG.AS) for 5.5 billion euros ($5.85 billion) in a...

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

   www.euronext.com › en › investor-relations

   • Cached

   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.

5. allfunds.com › en › blogWelcome to the largest digital ecosystem in the ... - Allfunds

   allfunds.com › en › blog

   • Cached

   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 ...

6. 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

7. uk.finance.yahoo.com › news › euronext-submitsEuronext offers 5.5 billion euros in cash, shares to buy Allfunds

   uk.finance.yahoo.com › news › euronext-submits

   • Cached

   Feb 22, 2023 · LONDON (Reuters) -Exchange operator Euronext has submitted a preliminary offer to buy fund distribution firm Allfunds for 5.5 billion euros ($5.85 billion) in a deal that would help the Paris...

8. People also ask

   Will Euronext buy Allfunds?

   • LONDON, Feb 22 (Reuters) - Exchange operator Euronext (ENX.PA) has submitted a preliminary offer to buy fund distribution firm Allfunds (ALLFG.AS) for 5.5 billion euros ($5.85 billion) in a deal that would help the Paris Stock Exchange operator advance diversification.

   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/

   See all results for this question

   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/

   See all results for this question

   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

   See all results for this question

   Why did Allfunds share price tumble?

   • 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 operator, said that it was withdrawing an indicative cash-and-stock bid that valued each Allfunds share at €8.75.

   Allfunds shares tumble after Euronext abandons deal - Financial Times

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

   See all results for this question

   Why did Allfunds cancel Euronext bid?

   • 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 said on Wednesday that the board “considered that the terms of the proposal were inadequate” and discussed the details but that “no agreement was reached and discussions have been terminated”.

   Allfunds shares tumble after Euronext abandons deal - Financial Times

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

   See all results for this question

   Who owns Euronext?

   • Led by Boujnah, a former Santander and Deutsche Bank banker, Euronext has grown to become Europe’s biggest exchange owner, running the Amsterdam and Paris stock exchanges among others. In recent years, the company has bought several market infrastructure companies, expanding to include a sovereign debt trading venue and a clearing house.

   Euronext launches €5.5bn bid for Allfunds - Financial Times

   www.ft.com/content/27862df7-c47b-4c05-acbc-0ef35c2915b4

   See all results for this question

9. 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 · Euronext, Europe’s biggest exchange operator, has launched a bid for fund platform Allfunds as the acquisitive group continues in its quest to build a capital markets empire....