To a deal that will remodel the map of Greek market The Euronext Group is aimed Athens Shipowner.
According to confirmed information, the Group wants to integrate the Athens Stock Exchange into the European Pillar of the Grand Markets of the European Union, and if the agreement is completed, the eighth capital market will be incorporated into the Euronext network, next to metropolises such as Paris, Amsterdam.
The agreement provides for the acquisition of 65% of the shares of Hellenic Stock Exchanges SA. (HELE) for a price that is said to exceed 200 million euros, with the State granting its participation. Institutional investors were also found at the negotiating table, with the agreement already securing the green light from the EU regulators.
This move is not just a takeover, but a step towards upgrading the Greek financial market, with the expectation of more liquidity, improved infrastructure, new platforms and expanded access to the European investment public. Euronext is committed to maintaining the operational autonomy of the Greek stock market, while its technological support is expected to be enhanced through the OPTIQ platform.
At the same time, the agreement paves the way for Greece’s role redefining the role of Greece in the European Investment Charter, as the connection to a colossus such as Euronext marks an increase in confidence and enhancing transparency and institutional framework.