Yahoo Canada Web Search

Search results

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 • • Euronext NV has withdrawn an indicative, €5.5 billion ($5.8 billion) offer for investment-platform Allfunds Group Plc after both sides were unable to agree on the terms of a takeover.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

     Euronext Pulls $5.8 Billion Bid for Allfunds as Talks Fail (2)

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

   www.euronext.com › en › about

   • Cached

   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.

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   Feb 28, 2023 · PARIS, March 1 (Reuters) - Euronext (ENX.PA) has withdrawn its 5.5 billion euro ($5.8 billion) indicative offer to buy fund distribution firm Allfunds (ALLFG.AS), boosting the exchange...

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

   www.bloomberg.com › news › articles

   • Cached

   Feb 28, 2023 · Euronext NV has withdrawn an indicative, €5.5 billion ($5.8 billion) offer for investment-platform Allfunds Group Plc after both sides were unable to agree on the terms of a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

5. 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 · “We have decided to withdraw our offer following due diligence,” Euronext told the Financial Times. “We never received a rejection of our offer,” it said. Allfunds helps connect fund...

   • Author: Sarah Provan

6. news.bloomberglaw.com › mergers-and-acquisitionsEuronext Pulls $5.8 Billion Bid for Allfunds as Talks Fail (2)

   news.bloomberglaw.com › mergers-and-acquisitions

   • Cached

   Mar 1, 2023 · Euronext NV has withdrawn an indicative, €5.5 billion ($5.8 billion) offer for investment-platform Allfunds Group Plc after both sides were unable to agree on the terms of a takeover. The board of Allfunds considered the Euronext proposal inadequate, according to a statement Wednesday.

   • Author: Alexandre Rajbhandari
   • Occupation: Bloomberg News

   • Email: arajbhandar3@bloomberg.net

7. www.reuters.com › markets › dealsEuronext CEO rules out another Allfunds bid in acquisition hunt

   www.reuters.com › markets › deals

   Dec 21, 2023 · Euronext is unlikely to make another bid for Allfunds as it pursues acquisitions that can grow and diversify revenues, its CEO Stephane Boujnah told Reuters.

8. People also ask

   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

   See all results for this question

   What happened to Euronext's Allfunds offer?

   • PARIS (Reuters) -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 withdraws 5.5 billion euro offer to buy Allfunds

   uk.finance.yahoo.com/news/allfunds-board-poised-reject-euronexts-224029422.html

   See all results for this question

   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/

   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

   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/

   See all results for this question

   Why did Euronext withdraw its offer?

   • The takeover would have been the latest in a buying spree for Euronext, which has scooped up several exchanges and market infrastructure companies in recent years under chief executive Stéphane Boujnah. “We have decided to withdraw our offer following due diligence,” Euronext told the Financial Times.

   Allfunds shares tumble after Euronext abandons deal - Financial Times

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

   See all results for this question

9. uk.finance.yahoo.com › news › allfunds-board-poisedEuronext pulls $5.8 billion offer to buy Allfunds - Yahoo Finance

   uk.finance.yahoo.com › news › allfunds-board-poised

   • Cached

   Feb 28, 2023 · PARIS (Reuters) -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...