Announced
Completed
Financials
Tags
market infrastructure
exchange
security services
Majority
Denmark
Diversified Financials
Private
Single Bidder
Acquisition
Friendly
Completed
Cross Border
Synopsis
Euronext, a European stock exchange, completed the acquisition of a 70% stake in VP Securities, a Danish central securities depository, for c. €150m ($162m), from Danish Central Bank, Danske Bank, Nykredit, Nordea and Jyske Bank. "Post-trade activities are at the heart of Euronext’s growth strategy, and will be an even larger contributor to our revenue following the acquisition of VP Securities. Alongside Euronext VPS and Interbolsa, we will strengthen our positioning in this field, and continue to expand our footprint in the Nordic region with new and improved services to the benefit of the Danish economy and European capital markets," Stéphane Boujnah, Euronext CEO and Chairman of the Managing Board.
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