A Dutch court has set the price for the statutory buyout of minority shareholders in Euronext, reports Reuters.

NYSE Euronext said in a statement the enterprise chamber of the Amsterdam appeals court had set a buyout price of €94.05 per share plus legal interest for the holders of about 2% of Euronext.

It said the total amount due, including accrued interest, was about €251.9 million ($389 million), payment would take place on May 20 and all the shares would be transferred to NYSE Euronext and delisted from the Paris bourse.

Euronext shares were suspended in Paris earlier on Thursday pending the announcement.

Euronext and NYSE Group merged in April 2007 to create the first transatlantic bourse.

NYSE Euronext operates the Paris, Amsterdam, Brussels and Lisbon bourses,