The Euronext group is targeting a deal that could reshape the landscape of Greek equities, aiming to acquire a majority stake in the Athens Stock Exchange. According to unconfirmed reports, Euronext seeks to integrate Greece’s market into the European pillar of major EU financial hubs. If finalized, this acquisition would mark the eighth capital market to join Euronext’s network, joining cities like Paris, Amsterdam, Lisbon, and Milan.
The agreement reportedly involves the purchase of 65% of shares in Hellenic Exchanges S.A. (HEX) for a price exceeding €200 million, with the Greek state relinquishing its stake. Institutional investors were also involved in negotiations, and the deal has already received preliminary approval from EU regulatory authorities.
This move represents more than just an acquisition—it signals a strategic upgrade for Greece’s financial market. The anticipated benefits include increased liquidity, improved infrastructure, new trading platforms, and broader access to European investors. Euronext has pledged to maintain the operational autonomy of the Athens Stock Exchange while enhancing its technological capabilities through the Optiq platform.
Moreover, the deal paves the way for Greece to reassert its role on the European investment map. Integration with a giant like Euronext is expected to boost investor confidence, enhance transparency, and strengthen the country’s institutional framework.