Euronext in talks to buy Athens Stock Exchange for $470 million
Published by Global Banking & Finance Review®
Posted on July 1, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on July 1, 2025
1 min readLast updated: January 23, 2026
Euronext is in talks to acquire the Athens Stock Exchange for $470 million, aiming to consolidate European markets and address competitiveness gaps.
(Reuters) -Euronext is in talks to buy up to 100% of the Athens Stock Exchange in a 399 million-euro ($470 million) all-share deal that would be the latest for a group that already operates stock markets in countries including France and the Netherlands.
Euronext said on Tuesday it planned to offer one new share for every 21 shares held by investors in the Athens Stock Exchange (ATHEX), valuing ATHEX stock at 6.90 euros apiece.
ATHEX shares closed on Tuesday at 6.03 euros.
A combination with the Greek company would align with Euronext's ambition to consolidate European capital markets as it sees fragmentation as one of the reasons behind a competitiveness gap with U.S. markets.
Since the start of the year, Euronext has launched a European Common Prospectus and partnered with Deutsche Boerse to try to counter a flight of some European initial public offerings to U.S. markets.
($1 = 0.8490 euros)
(Reporting by Mateusz RabiegaEditing by David Goodman and Mark Potter)
Euronext is in talks to buy the Athens Stock Exchange for 399 million euros, which is approximately $470 million.
Euronext plans to offer one new share for every 21 shares held by investors in the Athens Stock Exchange, valuing ATHEX stock at 6.90 euros each.
The acquisition aligns with Euronext's ambition to consolidate European capital markets, addressing fragmentation that affects competitiveness with U.S. markets.
Since the start of the year, Euronext has launched a European Common Prospectus and partnered with Deutsche Boerse to counter the flight of European initial public offerings to U.S. markets.
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