Euronext: acquires Acupay activities

(CercleFinance.com) - Euronext announces the acquisition of virtually all the activities of Acupay Group, presented as a world leader in financial information, securities transactions, cross-border tax relief and securities processing.


Its unique proprietary solution, which connects brokers and banks with securities issuers, enables custodian banks to prepare tax certificates electronically, and investors to efficiently manage the impact of cross-border withholding tax.

This acquisition, entirely financed by existing cash, will broaden Euronext Securities' service offering to investors and issuers, while strengthening Euronext's non-volume-related revenue streams.


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