- Euronext the leading pan-European market infrastructure, connecting local economies to global capital markets
- Announced the acquisition of the remaining 40% interest in iBabs, a leading provider of dematerialised
- Euronext exercised its call option on the remaining interest of iBabs for a consideration of €53.2 million
- Since Euronext’s acquisition of a 60% stake in July 2017, iBabs a major contributor to Euronext Corporate Services performance
- iBabs reported high double-digit revenue growth every year, with compound annual growth rate of +33% between 2017 and 2020
- Through its integration into Euronext Corporate Services, iBabs expanded its footprint in Europe and doubled its number of clients
Euronext: Acquires remaining interest in iBabs
