stockmarket

Euronext seeks to buy Oslo stock exchange owner for $711 million


© Reuters. The logo of stock market operator Euronext is seen on a building in the financial district of la Defense in Courbevoie

(Reuters) – Euronext NV (PA:) is seeking the support of Oslo Bors VPS Holding’s board of directors to acquire the company which owns the Oslo stock exchange for 625 million euros (562 million pounds/$711 million), it said on Monday.

Euronext, which operates bourses in Paris, Amsterdam, Brussels, London, Lisbon and Dublin, said it found Oslo Bors’ position in seafood derivatives and oil services and shipping attractive.

The pan-European exchange operator has already secured support for its offer from Oslo Bors shareholders representing 49.6 percent of outstanding shares, it said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More   EU antitrust regulators investigate E.ON, Innogy deal





READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.