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Euronext statement regarding recent press speculations
Globenewswire·2025-07-01 15:00

Core Viewpoint - Euronext is in discussions to potentially acquire up to 100% of Hellenic Exchanges-Athens Stock Exchange S.A. (ATHEX), valuing ATHEX at €6.90 per share, which would amount to approximately €399 million for the entire share capital on a fully diluted basis [1][4]. Group 1: Euronext's Strategic Intent - Euronext aims to consolidate European capital markets through a potential combination with ATHEX, enhancing growth and synergy opportunities [2]. - The merger would promote the harmonization of European capital markets, utilizing a unified trading and post-trade technology framework [2]. Group 2: Market Position and Impact - Euronext manages about 25% of cash equity trading in Europe and operates in major financial hubs, which would allow Greek market participants access to a network of over 1,800 listed companies with a combined market capitalization exceeding €6 trillion [3][8]. - The integration of ATHEX into Euronext's infrastructure is expected to enhance the development and international attractiveness of Greek markets [3]. Group 3: Confidence in Greek Economy - Euronext's interest in ATHEX reflects confidence in the growth potential of the Greek economy and the integration of Greek capital markets into the Eurozone and EU [4].