Euronext is looking for new buying opportunities

Euronext is looking for new opportunities In terms of acquisitions to strengthen its position in the capital markets in Europe, Stefan Boujnah, chairman of the board and general manager of the pan-European exchange operator, said in an interview published on Monday. le Financial Times.

“Link any other major exchange operator in Europe to Euronext” can “Create significant synergies”Stéphane Boujnah assured the Financial Times.

The newspaper writes that the executive refused to comment on specific purchase targets. The Financial Times added that Stéphane Boujnah had previously been open to taking over Nasdaq’s Nordic operations, including the Stockholm and Icelandic bourses and Spain’s BME stock exchange.

Sales records

Euronext is currently the operator of the Paris, Milan, Amsterdam, Brussels, Lisbon, Oslo and Dublin exchanges. Euronext detailed its year-end schedule last week, on the heels of posting record turnover for the second quarter. Integration of Borsa Italiana , received at the end of 2021. On July 15, the company completed the first phase of the migration of derivatives clearing to Euronext Clearing. Financial derivatives will follow after next September.

At the end of June, the Italian Stock Exchange achieved a cumulative annual gross operating surplus of €84.2 million, including €5.2 million in the second quarter of the year. The operator added that after the acquisition of Borsa Italiana, €109.1 million was incurred in aggregate execution costs, and total execution costs will fall to €130 million, compared to the previously planned €150 million.

Recently there is also Euronext I got my hands on GRSS a New Zealand company that calculates Euribor among other things.

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