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Feb 28, 2023 · Euronext withdraws its indicative offer for Allfunds 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.
Feb 28, 2023 · Euronext has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds , boosting the exchange operator's shares while sending Allfunds'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.
Stock ALLFUNDS GROUP PLC Common Stock GB00BNTJ3546 XAMS Euronext Amsterdam Euronext Tech Leaders Live Euronext quotes, realtime prices, charts and regulated news
Feb 22, 2023 · Under the proposal, the ticking fee would be payable in cash, Euronext N.V. shares or a mix of cash and Euronext N.V. shares at Euronext N.V.’s option. Allfunds Group plc has been informed by Euronext N.V. that Euronext N.V. has been in discussions with Hellman & Friedman and BNP Paribas, together owning 46.4% of Allfunds Group plc’s share capital, to obtain their support for the offer.
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.
- Sarah Provan
Feb 22, 2023 · 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 Stock Exchange ...
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Mar 1, 2023 · Jefferies added that Euronext’s shares would benefit from a “relief rally” following the abandoned offer. 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.