Euronext agrees €130m Portuguese exchange takeover

BVLP traded 4.2 million futures and options between January and November this year, executed on a quote-driven basis. The exchange already uses an older version of the same NSC trading system used by Euronext, which should minimise integration issues.

In time, Portuguese derivatives will run on the Liffe Connect system, as agreed under the terms of Euronext's ongoing takeover of the London International Futures and Options Exchange.

BVLP shareholders will receive €35 million in cash and 4.84 million share in Euronext worth €95 million at today's market close of €19.7. This would give BVLP shareholders a 4% stake in Euronext's enlarged share capital.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here