Euronext to Seize Post-Brexit Opportunities, Acquires Dublin Bourse for €137m

[kreslik.news]

Euronext (ENX.PA) said on Tuesday that it has agreed to acquire the Irish Stock Exchange (ISE) for €137 million ($162.5 million) in cash to boost its stock business, exchange traded funds and bond products.

Euronext has recently embarked on a consolidation spree to expand into new markets. In turn, the Dublin exchange has been on the lookout for a partner to join forces with, as the firm seeks to position itself for opportunities after Brexit.

In addition to its position as a leading global centre for the listing of funds and a popular hub for bond listings, the exchange’s main attraction lies ... (read more)