Amsterdam Stock Exchange

Amsterdam based fintech company Adyen set the price of its initial public offering at 240 euros per share. That gives the payment service provider a valuation of over 7 billion euros, ANP reports.

Adyen previously offered its shares to selected investors for an indicative price of between 220 euros and 240 euros each. The company is debuting on the Amsterdam stock exchange on Wednesday.

The top executives of companies listed on the Amsterdam stock exchange AEX earned an average of 5 million euros last year, about 1 percent more than the year before, according to an analysis done by the Volkskrant. 

Fitness chain Basic-Fit hit the Amsterdam Euronext stock exchange at 15 euros per share on Friday. This gives Basic Fit a market capitalization of 820 million euros and a so-called business value of 994 million euros

Philips' Lighting division is heading to the stock exchange in Amsterdam, the electronics company announced on Tuesday. Philips wants to give its complete attention to health technology and is therefore splitting from the lighting division

The Euronext Amsterdam stock market suffered its biggest loss in ten years on Monday, plunging to a loss of almost nine percent. Dubbed AEX, the Amsterdam exchange is currently standing on 404 points, suggesting that the ongoing Chinese stock market crisis has managed to evaporate the whole year's earnings in a matter of weeks.

Most companies do not invest enough in their cyber security, writes the consultancy company KPMG in their Cybersecurity Benchmark report. Only 40 percent of companies listed on the Euronext Amsterdam and its Index Midkap handle the issue on the top executive level, the company notes.

Dozens of people in Amsterdam protested the inclusion of Zwarte Piet in the city’s annual Sinterklaas parade. Protestors were corralled in Beursplein in front of the city’s centrally-located stock exchange during Sunday’s event.

Cable operator Altice has raised €1.3 billion in its initial public offering (IPO) at the Amsterdam Stock Exchange, Bloomberg News reports.

The round-up of some of this week’s most noteworthy events and news stories features: two mechanics killed in a fire in a wind turbine, the Filipino Sweety attracts a thousand child molesters, an F-16 damages a control tower, eight police officers injured by soccer fans, Labour support for F-35 purchases, and the permanent Body World's exhibition.