The NYSE Group Inc. reports that Euronext shareholders have tendered 91.4% of their shares in the friendly offer initiated by NYSE Euronext.

The French market regulator, the Autorité des Marchés Financiers, published the preliminary results of the exchange offer by NYSE Euronext Inc. for all outstanding shares of Euronext NV. The offer expired on March 21. From February 15 to March 21, 102,897,398 Euronext shares were tendered representing 91.4% of Euronext’s share capital and 92.2% of the voting rights.

The number of shares tendered significantly exceeded the number required to meet the minimum tender condition of 50% plus 1 shares, it said. The settlement and delivery with respect to tendered Euronext shares, as well as the admission of the NYSE Euronext common stock to trade on Euronext Paris and on the NYSE will take place before the start of trading on April 4.

The AMF will publish the definitive results of the offer on March 30. Within 10 trading days of that date, the offer will be reopened for 10 trading days for shareholders who have not yet tendered their shares and who wish to participate in the exchange offer. The terms of this subsequent offer period will be identical to the initial offer.