Total, GDF Suez and Orange will enter Euronext capital - Link to rench Article :{http://bit.ly/1rKfR6d}
Heavyweight CAC 40 should take an interest in the stock market operator before its IPO.
Several CAC 40 could participate in the introduction of Euronext Stock Exchange. According to our sources, Total, GDF Suez and Orange are committed to participate in the round of the operator of the Paris market, which is expected to reach the coast at the end of the month.
The oil group, the telecom and energy company could take a stake of around 1% each. Others might follow in the future. They could thus be seen as "strategic investors" in the prospectus of the operation. For Euronext capitalization of around 1.5 billion euros (analysts suggest a range of 1.3 to 2 billion euros), so this would be a entrance fee of about 15 million euros.
By investing in this IPO issuers seeking to join the dynamic space. A symbol for a group that wants to position itself as a "center of raising capital for the financing of the real economy."
Pan-European activity
The shareholding of the tenors rating follows the announcement, there a few days, the establishment of a core group of banks and financial institutions who together hold 33% stake. This round table is representative of the pan-European business of Euronext, operating places in Amsterdam, Brussels, Lisbon and Paris: it includes BNP Paribas, Société Générale, Caisse des Dépôts et bpifrance but Avistar SGPS (Banco Espírito group Santo), ABN AMRO, Fortis (BNP), the Belgian Euroclear or the holding Belgian Public Federal Holding and Investment.
They pledged to keep their shares for three years after the entry into Euronext Stock Exchange. It is "a strong signal to the market" and "a great sign of confidence that we are delighted," said then Dominique Cerutti, CEO of Euronext, noting that this ad was beyond the control of IntercontinentalExchange (ICE).
This hard core shareholders was highly anticipated after months of negotiations involving Bercy, discussions polluted by the European project tax on financial transactions. Almost to the end, many observers feared that this round fails to conclude, while large institutions such as AXA or Crédit Agricole had publicly declared their intention not to participate.
Certainly, critical minds will notice that many of the banks are the core recommendations of the operation and some of the major groups have their state capital, but these ads are encouraging few weeks of introduction.
With these key investors, Euronext will now have to convince a wider range of investors. The operation is closely monitored while it marks the return of independence for the Paris Bourse. Euronext fell into the hands of the NYSE in 2007, before being bought by IntercontinentalExchange (ICE) last year.