EURONEXT_Registration_Document_2017

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PRESENTATION OF THE GROUP

Strategy: “Agility for Growth” Strategic Plan

1.2.4 GROWING IN SELECTED SEGMENTS Euronext focuses on several growth initiatives in selected segments to:  add value to issuers, with two ambitions: become the exchange for European Tech SMEs and providemodular corporate services; and  add value to investors, with five ambitions:

 adding value to investors: enhance Euronext’s fixed income offering: InMarch 2017, Euronext invested $10m in aminority stake in leading fixed income technology provider, Algomi. Following this partnership, combining Euronext’s experience operating fair and orderly markets and Algomi’s innovation and award-winning technology led to the launch of a new MTF – Euronext Synapse – that connects pools of liquidity and market participants within a new anonymous inter-dealer centralised market place;  expanding into new asset classes: In August 2017, Euronext closed the acquisition of a c.90% interest in FastMatch for initial cash consideration of $153 million at closing (on a debt-free cash- free basis). This acquisitionwas announced inMay 2017. FastMatch is a disruptive institutional FX ECN providing customers access to large pools of diversified spot FX liquidity at unparalleled speed. With colocation in three data centers (London, NewYork and Tokyo), FastMatch offers clients the fastest, most scalable and versatile technology available in the market. FastMatch’s cutting-edge proprietary technology offers its established client base, many Tier-1 banks, non-bank market makers, broker-dealers, asset managers and hedge funds, unparalleled execution capabilities, state-of-the-art smart order routing and highly customizable liquidity pools. FastMatch’s superior technology allows it to operate with a highly efficient cost structure which in turn gives it the strategic flexibility to competitively price its best-in-class product offering. Euronext will bolster FastMatch’s European presence through increased access to institutional clients across Europe. Additionally, FastMatch Inc has launched in September 2017 a consolidated data tape for forex.  expanding Euronext’s federal model: In November 2017, Euronext announced the acquisition of 100% of the shares and voting rights of the Irish Stock Exchange (“ISE”). This transaction was completed on 27 March 2018. Headquartered in Dublin, ISE is Ireland’s incumbent stock exchange operator and a global leader in the listing of debt and funds securities. ISE is the first pool of liquidity for Irish equities, the first debt listing venue globally and the first fund listing venue globally. The transaction brings together two highly complementary businesses with significant growth opportunities and expands Euronext’s federal model to a new attractive European country. It creates a leading global player in debt and fund listings, combining the listing expertise of ISE with the traded markets expertise of Euronext. Euronext will benefit from ISE’s leading global positions in debt and fund listings as well as its unique product and listing expertise. The acquisition will also enhance Euronext’s growth outlook thanks to ISE’s embedded core businesses’ growth, complemented by the additional strategic growth plans for ISE, which will be reinforced with the full support of Euronext. The acquisition of ISE by Euronext, combined with Ireland’s very competitive economic environment, will further strengthen Ireland’s position as a strong European anchor to take advantage of Brexit opportunities. This transaction will also develop the Irish capital markets ecosystem within a European context and as part of Euronext’s core mission to power the real economy.

 provide a one-stop-shop pan-European ETF platform,

 launch a European family of indices,

 become a specialist content provider on agricultural commodities while capturing OTC flows,

 enhance Euronext’s fixed income offering and,

 deliver user choice in clearing for the equity markets, and diversify the post trade franchise.

1.2.5

ACCELERATING PROFITABLE GROWTH THROUGH TARGETED MERGERS AND ACQUISITIONS

In order to accelerate Euronext’s standalone strategy, its growth ambitions will be achieved both organically, leveraging on its existing assets and talents, and inorganically, through disciplined and selected bolt-on acquisitions. In an evolving industry landscape, Euronext is carefully assessing potential opportunities resulting in transformational transactions that will create value for clients and shareholders. In 2017, Euronext made the following acquisitions and concluded partnerships in accordance with the Agility for Growth strategy:  adding value to issuers – provide modular corporate services:  in February 2017, Euronext acquired a 51% stake in Company Webcast, for an initial consideration of €3.6m. CompanyWebcast is a Dutch company specialised in professional webcast and webinar services. The company’s cutting-edge technology and established market position, combined with the support of Euronext as a strategic shareholder, will enable it to further expand its service offering,  in July 2017, Euronext acquired a 60% stake in iBabs, for an initial consideration of €30.1 m. iBabs is a leading Dutch company providing corporates and public organisations with a dematerialised board portal solution. The acquisition of iBabs marks a new significant milestone in the development of Euronext’s Corporate Services franchise, strengthening Euronext’s value proposition to listed companies while targeting a broader audience of private companies and public institutions. iBabs’ solutions will support governance, workflow management, efficient decision making process and secured collaboration at board level and more generally across management teams. With the acquisition of iBabs, Euronext will accelerate its growth ambition profile and answer the growing need for streamlining and making governance for organisations more secure;

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www.euronext.com

2017 REGISTRATION DOCUMENT

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