.
MergerLinks Header Logo

New Deal


Announced

Completed

Euronext completed the acquisition of a 70% stake in VP Securities for c. €150m.

Financials

Edit Data
Transaction Value£130m
Consideration TypeCash
Capital Owned-
Capital Bid For70%
EV/Sales3.8x
EV/EBITDA12.76x
Share Price Premium-
One Off Charge-

Tags

Edit

market infrastructure

exchange

security services

Majority

Denmark

Diversified Financials

Private

Single Bidder

Acquisition

Friendly

Completed

Cross Border

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US