Rutgers & Posch advises Euronext on acquisition of iBabs

Rutgers & Posch advises Euronext NV on its acquisition of a 60% majority stake in iBabs BV.

Euronext announced on 10 July 2017 that it has acquired a 60% majority stake in iBabs, a Dutch company specialised in dematerialised board portal solutions for corporates and public organisations. The transaction includes a payment of Euro 30.1 mln. For Euronext the transaction represents a significant further milestone in the deployment of its corporate services offering and its “Agility for Growth” strategic plan announced in 2016, after having already acquired a majority stake in Company Webcast early 2017.

See here for the press release issued by Euronext.

The team of Rutgers & Posch consists of Robert ten Have, Henriette van Overklift, Valerie Haans and Babette Waltman, with further support from Fabian Stevens.