Euronext: acquisition of Fastmatch finalised.
(CercleFinance.com) - Euronext has announced having completed the acquisition of 90% of FastMatch's capital, after receiving of the go-ahead from regulatory authorities.
The Pan-European stockmarket operator announced this acquisition on 23 May.
It presented this company, which was acquired for an initial cash payment of 153 million dollars, as the electronic communications network that benefits from the fastest growth on the Forex spot market.
This deal is part of Euronext's strategy for growth and diversification of its revenue base, and will not use any of the funds dedicated to its "Agility for Growth" plan, which remains a key priority.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The Pan-European stockmarket operator announced this acquisition on 23 May.
It presented this company, which was acquired for an initial cash payment of 153 million dollars, as the electronic communications network that benefits from the fastest growth on the Forex spot market.
This deal is part of Euronext's strategy for growth and diversification of its revenue base, and will not use any of the funds dedicated to its "Agility for Growth" plan, which remains a key priority.
Copyright (c) 2017 CercleFinance.com. All rights reserved.