Euronext to launch voluntary share exchange offer for all ATHEX shares

ANNOUNCEMENT OF A VOLUNTARY SHARE EXCHANGE OFFER MADE BY EURONEXT N.V. TO ACQUIRE THE ORDINARY REGISTERED SHARES OF HELLENIC EXCHANGES-ATHENS STOCK EXCHANGE S.A. IN CONSIDERATION FOR SHARES OF EURONEXT N.V.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY, OR CONSTITUTE A VIOLATION OF, THE RELEVANT LAWS OF THAT JURISDICTION OR REQUIRE EURONEXT AND/OR ATHEX TO TAKE ANY FURTHER ACTION.

Euronext to launch voluntary share exchange offer for all ATHEX shares

Euronext to launch voluntary share exchange offer for all ATHEX shares Euronext announces the submission of a voluntary share exchange offer to acquire all shares of HELLENIC EXCHANGES-ATHEX STOCK EXCHANGE S.A. ("ATHEX"), in exchange for newly issued Euronext shares, at a fixed conversion rate of 20.000 ATHEX ordinary shares for each new Euronext share1. The combination between Euronext and ATHEX is in line with Euronext's ambition to integrate…

Euronext prepares for ATHEX takeover - Global Trading

Euronext has submitted an all-share voluntary share exchange offer for ATHEX as it seeks to build out its presence in Southeast Europe. Stéphane Boujnah, CEO and chairman of the managing board of Euronext, commented, “Euronext targets to further expand its geographical footprint to Greece and establish a financing hub in the Southeast Europe region through ATHEX. “Greece has experienced strong economic growth in recent years, supported by rising…

Euronext Announces Voluntary Share Exchange Offer For ATHEX Shares

The deal, which values ATHEX at approximately €412.8 million, is part of Euronext’s broader strategy to integrate European capital markets and expand its presence in Southeast Europe.  Based on Euronext’s closing price of €142.70 on 30 July, the offer equates to €7.14 per ATHEX share. ATHEX’s board has unanimously backed the offer and entered into a cooperation agreement with Euronext.  Euronext explained that the combination would position Gree…