Jump to navigation Jump to search Euronext N. Euronext is a European stock exchange seated in Amsterdam, Brussels, London, Lisbon, Dublin and Paris. Euronext merged with NYSE Group, Inc. Deutsche Börse euronext amsterdam out of the bidding for Euronext on 15 November 2006, removing the last major hurdle for the NYSE Euronext transaction.
A run-up of NYSE Group’s stock price in late 2006 made the offering far more attractive to Euronext’s shareholders. On 19 December 2006, Euronext shareholders approved the transaction with 98. In 2008 and 2009 Deutsche Börse made two unsuccessful attempts to merge with NYSE Euronext. Both attempts did not enter into advanced steps of merger. In 2011, Deutsche Börse and NYSE Euronext confirmed that they were in advanced merger talks. Such a merger would create the largest exchange in history.
In 2012, Euronext announced the creation of Euronext London to offer listing facilities in the UK. The deal was approved by the shareholders of NYSE Euronext and Intercontinental Exchange on June 3, 2013. On June 20, 2014 Euronext was split from ICE through an initial public offering. In order to stabilize Euronext, a consortium of eleven investors decided to invest in the company. These investors referred to as “reference shareholders” own 33. Alternext is a market segment formed in 2005 by Euronext to help small and mid-class companies in the Eurozone seek financing.
Enternext was created in 2013 in order to help SMEs outline and apply a strategy that is most suited to support their growth. Enternext is a pan-European program and comprises over 750 SMEs, which are listed on Euronext markets in Europe. Euronext combines four national markets in Europe, trading stocks of major companies of each country participant, and manages the main national indices representing these stocks: AEX-index, BEL 20, CAC 40 and PSI 20. Euronext has a leading milling wheat contract which is a benchmark for wheat prices in Europe.