NYSE Euronext to pay $389M for remaining 2% of Euronext
LONDON (MarketWatch) — NYSE Euronext said Thursday that an Amsterdam court has ruled the stock exchange operator must pay 94.05 euros ($145.57) a share plus interest to investors who hold the outstanding 2% of Euronext shares to complete the statutory buyout of those shares. The payment will be 94.13 euros including interest or 251.9 million euros ($389 million) in total. The 94.05 euro amount is equivalent to the unconditional principal offer consideration for Euronext on April 4, 2007.
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Original post by Forextvblog
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May 16th, 2008 at 2:04 pm
[…] http://www.dollardrops.com/dollar/2008/05/15/nyse-euronext-to-pay-389m-for-remaining-2-of-euronext/LONDON (MarketWatch) — NYSE Euronext said Thursday that an Amsterdam court has ruled the stock exchange operator must pay 94.05 euros ($145.57) a share plus interest to investors who hold the outstanding 2% of Euronext shares to … […]