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Euronext: Receives clearance from the Danish Financial Supervisory Authority | Fintech InShorts: Latest fintech news, analysis by experts

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Euronext: Receives clearance from the Danish Financial Supervisory Authority

By Laura M

July 19, 2020

Euronext: Receives clearance from the Danish Financial Supervisory Authority

Euronext the leading pan-European exchange, covering Belgium, France, Ireland, The Netherlands, Norway, Portugal and the UK
Welcomes this regulatory approval by the Danish FSA that was the only condition to complete the transaction
Already secured strong support from existing shareholders of VP Securities with shareholders representing 90.68%
Euronext’s tag along offer to acquire the remaining shares in VP Securities will remain open until 31 August 2020
According to the terms of the Euronext’s tag along offer to the minority shareholders of VP Securities
Euronext intends to initiate a compulsory acquisition procedure to acquire the remaining shares not already tendered in accordance with the rules of the Danish Companies Act

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