trending Market Intelligence /marketintelligence/en/news-insights/trending/TaJJuIwKPeBwCtd6csssXw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: Nasdaq in talks over possible Oslo Børs takeover bid

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Report: Nasdaq in talks over possible Oslo Børs takeover bid

Nasdaq Inc. is meeting with the board of Oslo Børs VPS Holding ASA to discuss a potential takeover by the U.S. exchanges operator, unnamed sources told the Financial Times.

This development comes after the Netherlands-based Euronext NV launched a formal cash tender offer for the Norwegian stock exchange operator, although Oslo Børs had previously said there are other parties interested in acquiring it.

Euronext initially bought a 45% stake in Oslo Børs through shares put up for auction as a block by a group of shareholders, and then bought another 5.3% through shares on the market, the FT wrote.

DNB ASA and Kommunal Landspensjonskasse gjensidig forsikringsselskap, two of the largest shareholders in Oslo Børs, said they would wait for a board recommendation before agreeing to any deal, the newspaper added.