Montfort supports Euronext on proposed acquisition
Montfort Communications is acting on behalf of Euronext on the proposed €510m (£434m) acquisition of LCH.Clearnet Group Limited (Clearnet) on the London Stock Exchange.
Hugh Morrison, Montfort founding partner, and Charlotte McMullen, senior consultant, are leading on the account.
Stéphane Boujnah, chief executive officer and chairman of the managing board of Euronext, said: “The potential acquisition of Clearnet represents an opportunity for Euronext to achieve revenue growth and diversification. We will be in a position to provide our existing and future clients with a pan-European, fully integrated trading and post-trade platform.”
The acquisition proposition was announced today (4 January, 2017).