Latest news with #StéphaneBoujnah
Reuters
06-05-2025
- Business
- Reuters
Euronext unveils plans to back European defence sector's financing needs
May 6 (Reuters) - Euronext ( opens new tab will deploy a series of measures aimed at supporting Europe's strategic autonomy, including easing the mechanisms for financing defence firms, the pan-European stock exchange group said on Tuesday. "European aerospace and defence companies have expressed the urgent need to invest heavily in their innovation and production capacities to guarantee Europe's strategic autonomy for the next decade," it said in a statement. To support the significant growth in the defence sector's financing needs, Euronext plans to launch a "European Aerospace and Defence Growth Hub", bringing together investors and company executives that seek funding, by the end of 2025. It will also support initial public offerings in the sector through its new IPOready Defence programme, to be launched in the third quarter, which will benefit from EU funding, and a specific European defence bonds segment with accelerated listing procedures. These initiatives are part of a broader strategy to support Europe's strategic autonomy, focusing on what group CEO Stéphane Boujnah called the "New ESG: Energy, Security, Geostrategy". For each of these three pillars, Euronext will launch a dedicated index to increase the sectors' visibility and channel investments. Boujnah had announced the group's intention to launch these indices during the group's annual conference in March. Tuesday's announcements align with a broader geopolitical shift as Europe strives to ramp up military spending in response to U.S. pressure and policy shifts. European Commission President Ursula von der Leyen said in March that the European Union could mobilize up to 800 billion euros ($905.5 billion) to strengthen the continent's defence industry, along with incentives for investments in the sector. ($1 = 0.8835 euros)
Zawya
25-04-2025
- Business
- Zawya
Euronext launches European Common Prospectus to boost IPO market in EU
Euronext said on Friday it launched the European Common Prospectus (ECP) in a bid to speed up capital market integration and boost initial public offerings in the European Union. The Dutch-based parent company of pan-European exchange group hopes that standardised prospectus will help ease access to European capital markets, as it sees "clear and immediate need to boost IPO activity in Europe and to compete on a global level". "Europe cannot afford to wait. Action is required at the level of European policy-makers and regulators ... As global markets evolve rapidly, Europe must ensure its companies have efficient tools to access capital," said Euronext's CEO and Chairman Stéphane Boujnah. The initiative accompanies wider plans to reduce regulatory fragmentation across European bourses, as European Commission officials consider a new set of listing rules under the Listing Act, to bring closer the capital market union that would improve access to market-based sources of financing. The full implementation of the act is expected to occur from June 2026. Euronext said that the new prospectus is available for immediate use in all countries with Euronext exchanges.
Reuters
25-04-2025
- Business
- Reuters
Euronext launches European Common Prospectus to boost IPO market in EU
April 25 (Reuters) - Euronext ( opens new tab said on Friday it launched the European Common Prospectus (ECP) in a bid to speed up capital market integration and boost initial public offerings in the European Union. The Dutch-based parent company of pan-European exchange group hopes that standardised prospectus will help ease access to European capital markets, as it sees "clear and immediate need to boost IPO activity in Europe and to compete on a global level". "Europe cannot afford to wait. Action is required at the level of European policy-makers and regulators ... As global markets evolve rapidly, Europe must ensure its companies have efficient tools to access capital," said Euronext's CEO and Chairman Stéphane Boujnah. The initiative accompanies wider plans to reduce regulatory fragmentation across European bourses, as European Commission officials consider a new set of listing rules under the Listing Act, to bring closer the capital market union that would improve access to market-based sources of financing. The full implementation of the act is expected to occur from June 2026.
Yahoo
25-04-2025
- Business
- Yahoo
Euronext launches European Common Prospectus to boost IPO market in EU
(Reuters) -Euronext said on Friday it launched the European Common Prospectus (ECP) in a bid to speed up capital market integration and boost initial public offerings in the European Union. The Dutch-based parent company of pan-European exchange group hopes that standardised prospectus will help ease access to European capital markets, as it sees "clear and immediate need to boost IPO activity in Europe and to compete on a global level". "Europe cannot afford to wait. Action is required at the level of European policy-makers and regulators ... As global markets evolve rapidly, Europe must ensure its companies have efficient tools to access capital," said Euronext's CEO and Chairman Stéphane Boujnah. The initiative accompanies wider plans to reduce regulatory fragmentation across European bourses, as European Commission officials consider a new set of listing rules under the Listing Act, to bring closer the capital market union that would improve access to market-based sources of financing. The full implementation of the act is expected to occur from June 2026. Euronext said that the new prospectus is available for immediate use in all countries with Euronext exchanges.
Euronews
22-03-2025
- Business
- Euronews
Euronext CEO: 'There is a massive migration of investment from the US to Europe'
ADVERTISEMENT European stock markets have seen US investments flocking to this side of the Atlantic in the last three months, partially due to the "uncertainty and volatility around decisions taken in the US," CEO of Euronext Stéphane Boujnah said to Euronews' Angela Barnes. "The perception of Europe is that it's a safe harbour because predictability is there, even if GDP growth is so far perceived as being lower than in the US." Currently, the most important sector of investment in Europe with public money, is defence. While defence spending remains key to discussions on Thursday and Friday, during the EU Summit in Brussels, share prices in European weapons stocks have surged. "Euronext is facing spectacular growth in the volumes we trade or across all asset classes, but in particular in shares and more specifically the increase of the growth of the stock price of the defence sector across Europe," Boujnah said. Germany's Rheinmetall, France's Thales and Italy's Leonardo are among the companies that have seen a boost over the past month. Boujnah believes that Europe's commitment to structure its defence policy in a fundamentally new way is a trend that is going to continue. American multinational investment bank Morgan Stanley has just raised the price target on Rheinmetall shares to €2,000 from €1,300 but suggested the stock could also double to €3,000 if European defence spending accelerates with high speed. Watch the interview above.
