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Euronext to acquire Athens Stock Exchange marking the next phase of exchange’s European expansion

Natasha Cockse…
2025-11-20 8 min read
Euronext to acquire Athens Stock Exchange marking the next phase of exchange’s European expansion
Euronext to acquire Athens Stock Exchange marking the next phase of exchange’s European expansion

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Euronext is set to acquire Athens Stock Exchange (ATHEX) following a successful voluntary share exchange tender offer.  

The result follows a six-week window, which finished on 17 November 2025. The period saw shareholders tendering 42,953,405 ATHEX shares – approximately 74% of ATHEX voting rights – surpassing the required 28,925,001 shares needed to be tended for the offer to be successful.  

The acquisition will see ATHEX integrating into Euronext’s trading and post-trade technology as a combined group, with a cross-border clearing framework.  

In addition, the move is also set to boost the development and attractivity of Greek markets and further integrate Greek capital markets into the Eurozone and the European Union. 

Stéphane Boujnah, chief executive and chairman of the Managing Board of Euronext, said: “The integration of ATHEX into Euronext marks a significant milestone for both Greece and the broader European financial landscape. By joining Euronext, ATHEX will become part of a strong and integrated European network focused on connecting local economies with global markets. 

“Greek issuers, brokers and investors will benefit from advanced trading and post-trade technologies that will enhance the global positioning and competitiveness of the Greek capital market.” 

Moreover, Euronext has also announced its intention to establish a new Group-level support and technology centre in Athens, to support the firm’s business lines and ensure the development of its network.  

Euronext is set to issue the new ordinary shares for the acquisition on 21 November and will procure the exchange of ATHEX shares to settle the tender offer on 24 November.  

The news also follows recent regulatory approval from Hellenic Capital Market Commission (HCMC) for Euronext’s acquisition, which made the tender offer unconditional. 

The post Euronext to acquire Athens Stock Exchange marking the next phase of exchange’s European expansion appeared first on The TRADE.

Source: The TRADE Word count: 2500 words
Published on 2025-11-20 01:48