Euronext, the European stock exchange operator, has reaffirmed its commitment to transforming the Athens Stock Exchange (ATHEX) into an important center for the financial market in Southeast Europe, but has ruled out the possibility of increasing its offer for the complete acquisition of ATHEX. Euronext's CEO, Stephane Boujnah, stated that if the current offer, which proposes one new Euronext share for every 20 shares held by ATHEX investors, is unsuccessful, the company will withdraw from negotiations.
This transaction, valued at over 410 million euros, is considered a vote of confidence in the Greek capital market and could enhance its visibility. Boujnah emphasized Euronext's confidence in the Greek economy and the intention to attract Greek companies listed abroad to return to the domestic market. Additionally, the Athens Stock Exchange recorded significant growth in the first seven months of the year, with an index that increased by 35.7%, making it one of the best-performing markets globally.
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