The chief executive of Euronext said the European exchange operator has given itself a bit over a year to pull off transformative mergers and acquisitions or return cash to shareholders.
Stéphane Boujnah told Financial News that Euronext is continuing to explore acquisitions that can help it diversify revenues beyond stock trading. But the group would tell shareholders in February 2020 whether money set aside for dealmaking would instead be used for a one-off payout.
