Greek Government Prepares Regulatory Path for Euronext's Bid for Athens Stock Exchange
A new legislative amendment submitted to Parliament signals that talks between Euronext and the Hellenic Exchanges Group are advancing, as Athens prepares the regulatory framework for a potential acquisition of the country's stock exchange infrastructure. A legislative amendment submitted to the Greek Parliament on Wednesday is being seen as a clear signal that negotiations for the acquisition of the Athens Stock Exchange (ATHEX) by Euronext are entering an advanced stage. The amendment is designed to ease the regulatory review process by the Hellenic Capital Market Commission (HCMC), effectively granting the regulator the authority to define the information and documentation required when a party seeks to acquire a stake in key financial infrastructure. This development is particularly significant because the Athens Stock Exchange operates not only as a trading platform but also controls crucial market functions through entities such...
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