Euronext said on Tuesday
it had secured 61.4% of the shares in Norwegian stock exchange
Oslo Bors, ending a five-month takeover battle for
one of the last European independent stock market operators....
Euronext won approval from Norway's Ministry of Finance to buy up to 100% of Oslo Bors on Monday, effectively ending a five-month battle with Nasdaq for one of the last independent stock market operators in Europe....
Norway's Ministry of Finance approval to buy up to 100% of Oslo
Bors on Monday, effectively ending a five-month
battle with Nasdaq for one of the last independent
stock market operators in Europe....
Stock market operators
Euronext and Nasdaq, both vying for the
control of Norway's Oslo Bors, have been deemed fit
and proper owners by the Norwegian financial supervisory
authority, the finance ministry said....
Nasdaq and Euronext
would both be "fit and proper" owners of Norwegian
stock market operator Oslo Bors VPS, Norway's
Financial Supervisory Authority has concluded in a letter of
advice to the finance ministry....
Norway's $1 trillion sovereign wealth fund has already established itself as one of the world's preeminent marginal buyers of equities (behind maybe only the BOJ). So equity bulls will be delighted to learn that the fund has received permission fro...