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Euronext launches all-share offer for Athens stock exchange - Finance news and analysis from Global Banking & Finance Review
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Euronext launches all-share offer for Athens stock exchange

Published by Global Banking & Finance Review

Posted on July 31, 2025

1 min read

· Last updated: July 31, 2025

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Euronext Proposes All-Stock Acquisition of Athens Stock Exchange

(Reuters) -Euronext has offered to buy Hellenic Exchanges - Athens Stock Exchange (ATHEX) in a 412.8 million euro ($472.7 million) all-share deal, it said on Thursday.

The offer proposes a fixed conversion rate of 20 ATHEX ordinary shares for each new Euronext share, valuing ATHEX shares at 7.14 euros each, based on Euronext’s closing price of 142.7 euros on July 30.

ATHEX board of directors has unanimously supported the offer, entering into a cooperation agreement with Euronext, the Paris-listed company said.

($1 = 0.8733 euros)

(Reporting by Antonis PothitosEditing by David Goodman)

Key Takeaways

  • Euronext offers 412.8 million euro all-share deal for ATHEX.
  • ATHEX board supports Euronext's acquisition proposal.
  • Deal values ATHEX shares at 7.14 euros each.
  • Fixed conversion rate of 20 ATHEX shares per Euronext share.
  • Euronext is a Paris-listed company.

Frequently Asked Questions

What is the value of Euronext's offer for ATHEX?
Euronext has offered to buy Hellenic Exchanges - Athens Stock Exchange for 412.8 million euros ($472.7 million).
What is the proposed conversion rate for ATHEX shares?
The offer proposes a fixed conversion rate of 20 ATHEX ordinary shares for each new Euronext share, valuing ATHEX shares at 7.14 euros each.
Has the ATHEX board supported the acquisition offer?
Yes, the ATHEX board of directors has unanimously supported the offer and has entered into a cooperation agreement with Euronext.

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