BNP Paribas Fortis sells 2% stake in Euronext
Reuters
Published Sep 17, 2021 09:23
Updated Sep 17, 2021 09:46
PARIS (Reuters) - BNP Paribas (PA:BNPP) Fortis said on Friday it sold a 2% stake in pan-European financial markets operator Euronext for 220 million euros ($259.09 million).
The Belgian bank sold 2.2 million Euronext shares at 101 euros each in an accelerated book-build offering to institutional investors, the statement said.
The sale price represents a discount of around 4% to Thursday's closing price of 105.30 euros.
By 0900 GMT, Euronext shares were down by around 2.8%, underperforming the SBF 120 index which was up 1.06%.
($1 = 0.8491 euros)
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Written By: Reuters
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