Three days before the expiration of its public offering Euronext to HEXA, the participation has already been covered by 50% and one share. Well-informed sources say that in the coming days even more participation from its professionals is expected purchasesuch as mutual funds and stock exchanges. This paves the way for the absorption of HEXA by Euronext.
In particular, the CEO of Euronext, Stefan Buzna, emphasized that the investment in Greece is a clear sign of confidence. According to him, the benefits of the acquisition are mutual: Euronext acquires a single pool of liquidity, while the Greek capital market gains access to a larger European market.
“What we bring to the Athens Stock Exchange is a connection to a pan-European and global market. This is a mutually beneficial partnership,” noted Mr. Buzna. At the same time, he pointed out that the transition will be accompanied by technological adjustments, with the integration of the Optiq platform, creating a single order book and liquidity pool.
It is recalled that the Hellenic Capital Market Commission approved on Monday, November 10, the reduction of the minimum number of shares that must be offered for the success of the optional public offer. The new limit was set at 50% plus one (28,925,001 shares), up from 67% that applied initially.
The offer price remains unchanged, while the public offer continues to be optional and with an exchange of shares. HEXA shareholders who accept it will receive Euronext shares in return. The original proposal was submitted on 30 July 2025 and approved on 3 October 2025.
The reduction in the acceptance rate is considered critical for the completion of the acquisition and facilitates the completion of the deal, paving the way for the new era of the Greek capital market under Euronext.