Announced
Financials
Tags
wealth technology
FinTech
banking services
United Kingdom
Cross Border
Acquisition
Single Bidder
Majority
Public
Friendly
Failed
Synopsis
Euronext, a pan-European bourse that offers various trading and post-trade services, terminated the €5.5bn acquisition of Allfunds Group, a United Kingdom-based wealth technology company. "The Allfunds board considered that the terms of the proposal were inadequate. Allfunds subsequently entered into discussions on terms with Euronext but no agreement was reached and discussions have been terminated," Allfunds.
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