Tag: VP Securities

Euronext
August 04, 2020 BY Steffy Bogdanova

Euronext finalizes VP Securities acquisition

Maria Hjorth, new CEO of VP Securities, said: VP Securities is entering into a new phase of its development, as a Euronext company. It is now part of a larger, international group, with a clear strategy: build the leading pan-European market infrastructure. Since I joined VP, I have led and developed our company strategy as…

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Acquisition
July 16, 2020 BY Steffy Bogdanova

Danish Financial Supervisory Authority grants clearance to Euronext to acquire VP Securities

Following the acquisition of the agreed upon shares, Euronext plans to initiate a compulsory acquisition procedure to acquire the remaining shares not already tendered in accordance with the rules of the Danish Companies Act. Earlier this month, Euronext FX reported trading volumes increase by 18% MoM for June. The total cash market reached EUR 244,406.7 in…

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Euronext
April 24, 2020 BY Steffy Bogdanova

Euronext expands in the Nordic region, acquires 70% of VP Securities

Euronext offered DKK1.12bn (c. €150m2) for 100% of the shares. The company will open an offer to all the remaining shareholders with the same terms and conditions. The acquisition falls inline with the with Euronext’s disciplined capital deployment policy and commitment to maintain a strong investment grade credit rating. The acquisition process of VP Securities…

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