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1. 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

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   Feb 28, 2023 · PARIS, March 1 (Reuters) - Euronext (ENX.PA) has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds (ALLFG.AS), boosting the exchange...

3. www.euronext.com › en › aboutEuronext withdraws its indicative offer for Allfunds

   www.euronext.com › en › about

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   Feb 22, 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.

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

   financialpost.com › pmn › business-pmn

   Mar 1, 2023 · PARIS — Euronext has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds, boosting the exchange operator’s shares while sending Allfunds’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.

5. www.bloomberg.com › news › articlesEuronext Withdraws Takeover Bid for Allfunds Group

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   Feb 28, 2023 · Euronext NV has withdrawn an indicative, €5.5 billion ($5.8 billion) offer for investment-platform Allfunds Group Plc after both sides were unable to agree on the terms of a takeover.

   • Author: Alexandre Rajbhandari

6. finance.yahoo.com › quote › ALLFGAllfunds Group plc (ALLFG.AS) Stock Price, News, Quote ...

   finance.yahoo.com › quote › ALLFG

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   Find the latest Allfunds Group plc (ALLFG.AS) stock quote, history, news and other vital information to help you with your stock trading and investing.

7. People also ask

   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

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   How did Allfunds & Euronext share price compare?

   • Allfunds' shares slumped around 13% to 7.21 euros in early trading, while Euronext shares rose around 5%. "Allfunds shares were trading around 7.20 euros before news of Euronext's unsolicited indicative offer became public.

   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 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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   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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   What happened to Allfunds & Euronext?

   • 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. Allfunds' shares slumped around 13% to 7.21 euros in early trading, while Euronext shares rose around 5%.

   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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   What happened to Allfunds?

   • Allfunds, which offers investors access to a range of investment products in one place, was acquired by Hellman & Friedman in 2017 and grew through a series of deals, including a purchase of Credit Suisse Group AG’s InvestLab platform.

   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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8. www.reuters.com › markets › dealsEuronext hits reset button for Allfunds' M&A prospects after ...

   www.reuters.com › markets › deals

   Mar 1, 2023 · Euronext last week had made an indicative cash-and-shares offer for Allfunds of 5.5 billion euros ($5.86 billion), sending its own shares down in a sign of shareholder skepticism.