Euronext confirmed today that it has completed the settlement of shares under its offer launched on April 23 to acquire 100% of VP Securities, the Danish Central Securities Depository. Euronext said it will now fully consolidate VP Securities’ accounts in its financial statements.
According to a statement released this morning, shareholders representing more than 90% of the total share capital of VP Securities (adjusted for treasury shares) have already accepted Euronext’s offer. Euronext’s tag-along offer to acquire the remaining shares in VP Securities will remain open until 31 August 2020.
- Scott Porter
- SecuritiesOperations.com
- https://www.securitiesoperations.com/euronext-completes-acquisition-of-danish-csd/
