Tuesday March 27 2018
News Source: Global Exchanges
Focus: Takeover and Acquisition
Type: General
Country: Ireland
Link: https://www.euronext.com/fr/news/euronext-completes-acquisition-irish-stock-exchange
On 27th March 2018 Euronext announced that it had the completed the acquisition of 100% of the shares and voting rights of the Irish Stock Exchange plc, after receiving regulatory approvals.
This development is a major milestone in the expansion of Euronext’s federal model. This development means that the Irish Stock Exchange plc will be subject to Euronext’s harmonised business rules which govern Euronext Brussels, Euronext Paris, Euronext Amsterdam and Euronext Lisbon.
The Exchange will operate under the business name Euronext Dublin.The Regulation of the Exchange will be governed by a combination of Irish and EU Regulatory rules which are supplemented by the business rules of Euronext Markets.
For additional information click the link above.