Euronext in talks to buy Athens Stock Exchange for $470 million
Euronext said on Tuesday it planned to offer one new share for every 21 shares held by investors in the Athens Stock Exchange (ATHEX), valuing ATHEX stock at 6.90 euros a piece.
ATHEX shares closed on Tuesday at 6.03 euros.
The Greek Finance Ministry welcomed the offer and said in a statement it views a possible agreement "very positively".
"A possible acquisition of the Athens Stock Exchange by Euronext constitutes a practical vote of confidence in the stability and positive course of the Greek economy," it added.
A combination with the Greek company would align with Euronext's ambition to consolidate European capital markets as it sees fragmentation as one of the reasons behind a competitiveness gap with U.S. markets.
Since the start of the year, Euronext has launched a European Common Prospectus and partnered with Deutsche Boerse to try to counter a flight of some European initial public offerings to U.S. markets.
($1 = 0.8490 euros)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
an hour ago
- Business Wire
Price Undertaking Agreement in China for Rémy Cointreau
PARIS--(BUSINESS WIRE)--Regulatory News: As part of the anti-dumping procedure initiated on January 5, 2024, by the Ministry of Commerce of the People's Republic of China (MOFCOM), Rémy Cointreau (Paris:RCO) announces the conclusion of an agreement between the Chinese authorities and certain cognac producers regarding 'Price Undertaking agreement' applicable to imports of grape-based spirits in containers of less than 200 liters originating from the European Union. Under this agreement, certain cognac stakeholders affected by the procedure commit, each according to their own terms, to comply with a minimum import price in China. In return, the 'definitive' anti-dumping duties that were to be imposed on European exports will not be applied (for reference, the official 'provisional' rate was 38.1% for Rémy Cointreau's cognac division since October 11, 2024, in the form of a guarantee-backed deposit, and was reduced to 34.3% in its final version). This agreement in no way constitutes an acknowledgment of dumping practices. While the commercial terms of this agreement are less favorable than those that were in effect prior to the initiation of the investigation, they nonetheless represent a significantly more favorable outcome, or at the very least, a substantially less punitive alternative, compared to the imposition of definitive anti-dumping duties. At this stage, Rémy Cointreau is still awaiting further details regarding the practical arrangements for implementing this agreement, in order to be able to assess the impacts accurately. Thanks to this agreement, these impacts are expected to be far less restrictive than those initially anticipated at the time of the annual results publication on June 4, 2025, and will enable the strengthening of some investments in China. As a result, Rémy Cointreau will update its annual guidance when publishing first-quarter results on July 25. About Rémy Cointreau All around the world, there are clients seeking exceptional experiences; clients for whom a wide range of terroirs means a variety of flavors. Their exacting standards are proportional to our expertise – the finely-honed skills that we pass down from generation to generation. The time these clients devote to drinking our products is a tribute to all those who have worked to develop them. It is for these men and women that Rémy Cointreau, a family-owned French Group, protects its terroirs, cultivates exceptional multi-centenary spirits and undertakes to preserve their eternal modernity. The Group's portfolio includes 14 singular brands, such as the Rémy Martin and LOUIS XIII cognacs, and Cointreau liqueur. Rémy Cointreau has a single ambition: becoming the world leader in exceptional spirits. To this end, it relies on the commitment and creativity of its 1,856 employees and on its distribution subsidiaries established in the Group's strategic markets. Rémy Cointreau is listed on Euronext Paris.
Yahoo
2 hours ago
- Yahoo
Zurich Film Festival Embarks on New Era With Director-Led Buyout
The Zurich Film Festival (ZFF) is set to enter a new chapter following a management buyout of festival owners the NZZ group, led by Zurich festival director Christian Jungen. The buyout, unveiled on Thursday, ends a decade-long partnership between the festival and the Swiss media group. Jungen is joined in the buyout by festival vice director Reta Guetg, Swiss entrepreneur and TV host Max Loong, long-time ZFF President Felix E. Müller, and finance expert Marek Skreta. The new owners plan to take the Zurich festival to the next level, elevating the event to the top tier of European film festivals. More from The Hollywood Reporter The Summer of Sarah Niles: 'F1' Star on the "Theater" of Racing and Tom Cruise's Reaction: He Was "on the Edge of His Seat" 'Squid Game' Star Yim Si-Wan on Learning to "Love the Hate" Fans Feel for His Character Bob Vylan Dropped From Europe Music Festivals in Wake of "Death to the IDF" Controversy 'I am excited to lead the ZFF into a new era together with our current team and new owners who love cinema and know the festival inside out,' said Jungen in a statement. 'We are a Zurich-based solution that has the trust of our partners and the filmmaking community. We are thinking big and we are thinking internationally. Our goal is to position the ZFF as one of Europe's premier film events, where audiences can see the films and stars that will go on to win Oscars later in the season. We want to bring joy and a celebratory atmosphere to the city and host a festival that Zurich can be proud of. To achieve this, we will secure new private partners and expand support from foundations, donors, and public institutions.' NZZ, which acquired the Zurich film festival ten years ago, will remain a key partner for the next three years, the new owners said. NZZ CEO Felix Graf described the move as a step toward further professionalization while preserving the festival's existing framework. The new leadership team combines deep festival experience with international business acumen. Jungen has overseen the ZFF's artistic direction since 2019, after spending a decade as a journalist at NZZ. Guetg, who has led industry and programming at ZFF for ten years, brings strong ties to the international film community. Müller, also editor-in-chief of NZZ am Sonntag, authored a book on the ZFF's history and is a central figure in Swiss cultural life. Loong and Skreta add expertise in sponsorship, hospitality, and global festival strategy, with Skreta having ties to the Karlovy Vary International Film Festival. The ZFF, which drew 140,000 visitors last year, will stage its 21st edition Sept. 25-Oct. 5. Best of The Hollywood Reporter The 40 Best Films About the Immigrant Experience Wes Anderson's Movies Ranked From Worst to Best 13 of Tom Cruise's Most Jaw-Dropping Stunts
Yahoo
2 hours ago
- Yahoo
Trends & Strategies Shaping the $13.22 Billion Wedding Wear Market in 2025 Featuring David's Bridal, Pronovias, Panache Fashion Group and Other Industry Leaders
The wedding wear market is experiencing growth with opportunities in personalized bridal fashion, sustainability, digital engagement, and innovative rental models Wedding Wear Market Dublin, July 04, 2025 (GLOBE NEWSWIRE) -- The "Wedding Wear Market by Product Type, Distribution Channel, Price Range, End User, Service Type - Global Forecast to 2030" report has been added to Wedding Wear Market grew from USD 12.53 billion in 2024 to USD 13.22 billion in 2025. It is expected to continue growing at a CAGR of 5.33%, reaching USD 17.11 billion by 2030. The wedding wear landscape has undergone transformative shifts in recent years, driven by evolving consumer mindsets and technological advancements. The rise of digital showrooms and virtual fitting solutions has accelerated direct-to-consumer engagement, allowing brides and grooms to explore styles remotely and customize ensembles in real sustainability has transcended buzzword status to become a core industry driver. Eco-conscious couples are seeking ethically sourced fabrics and transparent manufacturing processes, prompting designers to integrate recycled materials and zero-waste production techniques into their collections. This shift has also spurred innovative rental and resale platforms, offering cost-effective and environmentally friendly alternatives to traditional purchase disruption has surfaced in the form of micro-influencer marketing. Niche wedding bloggers and regional tastemakers are shaping micro-trends-from minimalist sheath gowns to heritage-inspired guest attire-faster than ever, creating a ripple effect that redefines mainstream offerings. Ultimately, these combined forces have reset the competitive bar, challenging established players to pivot rapidly and embrace agility in design, distribution, and Shaping 2025 Bridal Apparel StrategiesBeginning in early 2025, heightened tariffs imposed by the United States on select textile and apparel imports have reverberated across the wedding wear sector. Duties on specialty fabrics commonly used in high-end gowns have increased cost structures for both domestic manufacturers and importers. As a result, margin compression has become a critical concern for bridal couture houses and mass-market retailers tariff adjustments have incentivized a shift toward alternative sourcing regions. Manufacturers are exploring partnerships with producers in Southeast Asia and Latin America to mitigate increased duties on traditional European and South Asian inputs. However, the transition is not seamless: quality assurance and lead-time consistency remain hurdles in newly tapped supply domestic producers are leveraging the tariff landscape as a competitive advantage, emphasizing "Made in USA" credentials to justify premium pricing. Retailers and brands have responded by recalibrating their product assortments, featuring more in-house labels manufactured onshore and adjusting price points to offset higher import costs. Consequently, the 2025 tariff regime has catalyzed both supply chain realignment and branding opportunities that will continue to shape strategic decisions throughout the Nuances Driving Wedding Wear Preferences WorldwideRegional dynamics play a pivotal role in shaping consumer preferences and strategic priorities across the wedding wear market. In the Americas, North American brides and grooms exhibit strong appetite for customization and experiential retail, driving investments in personalized fitting services and immersive brand activations. Latin American markets, buoyed by cultural traditions emphasizing elaborate ceremonies, sustain robust demand for opulent silhouettes and localized design Europe, Middle East & Africa region presents a tapestry of distinct tastes. Western European consumers are increasingly drawn to minimalist, sustainable designs, whereas Eastern European markets favor intricate detailing and luxurious textiles. In the Middle East, bridal wear often synthesizes global haute couture trends with traditional embellishments, reflecting a balance between modernity and heritage. African bridal ceremonies, rich in cultural symbolism, continue to support vibrant color palettes and artisanal craftsmanship, creating opportunities for both local designers and international brands attuned to regional markets exhibit some of the fastest growth trajectories, driven by a rising middle class and expanding bridal service ecosystems. In East Asia, high-tech bridal studios incorporating augmented reality fitting and live-streamed fashion shows have elevated the consumer experience. South-East Asia's multicultural wedding traditions foster diverse product demand, from intricate embroidery reflecting regional motifs to lightweight, climate-appropriate fabrics. Australia and New Zealand brides increasingly embrace outdoor and destination wedding concepts, prompting designers to craft versatile, travel-friendly Canvas Profiling Pivotal Industry PlayersLeading players in the wedding wear sector are consolidating their positions through strategic brand portfolios and targeted acquisitions. Major fashion houses are extending their couture divisions into ready-to-wear bridal lines, leveraging brand recognition to capture aspirational consumers. Meanwhile, specialized bridal boutiques are forging partnerships with emerging designers, creating hybrid retail models that combine exclusivity with fresh creative brands are capitalizing on direct-to-consumer efficiencies, using data analytics to personalize product recommendations and optimize inventory turnover. These companies often introduce limited-edition capsule collections to maintain brand desirability and drive urgency. At the same time, established brick-and-mortar retailers are investing in omnichannel integrations, deploying augmented reality fitting stations in flagship stores to synchronize the in-person and online shopping ventures between fabric producers and designers are enhancing material innovation, with new textile blends and eco-certified fabrics entering bridal and wedding party collections. Such alliances not only support sustainability goals but also reinforce quality narratives that resonate with discerning end users. As the competitive landscape evolves, agility in product development and distribution remains the defining differentiator for top-tier Imperatives for Market Leadership in Bridal FashionTo secure market leadership, industry stakeholders must prioritize agile supply chains and strategic supplier diversification. Establishing relationships with multiple production hubs mitigates exposure to trade disruptions and ensures continuity in fabric and accessory sourcing. Integrating digital design tools alongside traditional pattern-making enhances speed to market, enabling rapid iteration in response to social media-driven in circular business models-including rental, resale, and upcycling initiatives-can attract eco-conscious consumers while unlocking new revenue streams. Brands should develop unified loyalty platforms that reward sustainable behavior and foster community engagement. Collaborations with micro-influencers and niche wedding planners can amplify niche offerings, driving authentic reach and teams should also leverage advanced analytics for demand forecasting and inventory optimization, reducing markdown liabilities and enhancing margin stability. Finally, embedding resilient scenario planning into strategic roadmaps will enable organizations to respond proactively to regulatory shifts, tariff adjustments, and evolving consumer sentiment, positioning them to thrive amid uncertainty. This research report delves into recent significant developments and analyzes trends in each of the following companies: David's Bridal, Inc. Pronovias S.A. Panache Fashion Group, Inc. Maggie Sottero Designs, LLC Mon Cheri Bridals, Inc. Mori Lee, LLC JJ's House, Inc. Azazie, Inc. Yumi Katsura Inc. Vera Wang Bridal House Co. Ltd. Key Attributes Report Attribute Details No. of Pages 183 Forecast Period 2025-2030 Estimated Market Value (USD) in 2025 $13.22 Billion Forecasted Market Value (USD) by 2030 $17.11 Billion Compound Annual Growth Rate 5.3% Regions Covered Global Key Topics Covered1. Preface2. Research Methodology3. Executive Summary4. Market Overview4.1. Introduction4.2. Market Sizing & Forecasting5. Market Dynamics6. Market Insights6.1. Porter's Five Forces Analysis6.2. PESTLE Analysis7. Cumulative Impact of United States Tariffs 20258. Wedding Wear Market, by Product Type8.1. Introduction8.2. Bridal Wear8.2.1. A-Line8.2.2. Ball Gown8.2.3. Mermaid8.2.4. Sheath8.3. Bridesmaid Wear8.3.1. Dresses8.3.2. Jumpsuits8.4. Groom Wear8.4.1. Suits8.4.2. Tuxedos8.5. Guest Attire8.5.1. Modern8.5.2. Traditional8.6. Mother Attire8.6.1. Mother of Bride8.6.2. Mother of Groom9. Wedding Wear Market, by Distribution Channel9.1. Introduction9.2. Department Stores9.2.1. High-End9.2.2. Mid-Range9.3. Online9.3.1. Brand Websites9.3.2. E-Commerce Platforms9.4. Specialty Stores9.4.1. Boutiques9.4.2. Designer Stores10. Wedding Wear Market, by Price Range10.1. Introduction10.2. Budget10.3. Luxury10.4. Mid Price11. Wedding Wear Market, by End User11.1. Introduction11.2. Brides11.3. Grooms11.4. Wedding Party12. Wedding Wear Market, by Service Type12.1. Introduction12.2. Purchase12.2.1. In-Store12.2.2. Online12.3. Rental12.3.1. In-Store12.3.2. Online13. Americas Wedding Wear Market13.1. Introduction13.2. United States13.3. Canada13.4. Mexico13.5. Brazil13.6. Argentina14. Europe, Middle East & Africa Wedding Wear Market14.1. Introduction14.2. United Kingdom14.3. Germany14.4. France14.5. Russia14.6. Italy14.7. Spain14.8. United Arab Emirates14.9. Saudi Arabia14.10. South Africa14.11. Denmark14.12. Netherlands14.13. Qatar14.14. Finland14.15. Sweden14.16. Nigeria14.17. Egypt14.18. Turkey14.19. Israel14.20. Norway14.21. Poland14.22. Switzerland15. Asia-Pacific Wedding Wear Market15.1. Introduction15.2. China15.3. India15.4. Japan15.5. Australia15.6. South Korea15.7. Indonesia15.8. Thailand15.9. Philippines15.10. Malaysia15.11. Singapore15.12. Vietnam15.13. Taiwan16. Competitive Landscape16.1. Market Share Analysis, 202416.2. FPNV Positioning Matrix, 202416.3. Competitive Analysis16.3.1. David's Bridal, Inc.16.3.2. Pronovias S.A.16.3.3. Panache Fashion Group, Inc.16.3.4. Maggie Sottero Designs, LLC16.3.5. Mon Cheri Bridals, Inc.16.3.6. Mori Lee, LLC16.3.7. JJ's House, Inc.16.3.8. Azazie, Inc.16.3.9. Yumi Katsura Inc.16.3.10. Vera Wang Bridal House Co., Ltd.17. ResearchAI18. ResearchStatistics19. ResearchContacts20. ResearchArticles21. Appendix For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Wedding Wear Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
