Euronext wins clearance from Norway government to buy Oslo Bors

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European stock market operator Euronext said it had won clearance from Norway&#0...

FILE PHOTO: The logo of stock market operator Euronext is seen on a building in the financial district of la Defense in Courbevoie, near Paris, France, May 14, 2018. REUTERS/Charles Platiau

“Euronext welcomes the ministry’s clearance to acquire up to 100% of Oslo Børs VPS’s capital and looks forward to completing the next steps to close the transaction by the end of June,” said Chief Executive Stéphane Boujnah. Both had offered 158 Norwegian crowns per share for Oslo Bors, valuing Oslo Bors at around 6.8 billion Norwegian crowns , but the view of the Norwegian government was crucial.

Source: News Formal (newsformal.com)

 

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