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Euronext pulls €5.5bn Allfunds takeover offer
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fnlondon.comRoughly a week after disclosing a €5.5bn bid for the fund distribution service Allfunds Group, Euronext has pulled the offer.
Allfunds said Euronext’s initial offer was inadequate and no agreement could be reached following discussions on terms.
A Euronext spokeswoman declined to comment on reasons for the bid withdrawal, saying only it followed...
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