Stock Market

Nasdaq bids for Oslo stock exchange in takeover battle with Euronext

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OSLO: Nasdaq Inc launched a rival bid for Oslo Bors VPS on Wednesday, setting up a takeover battle with Euronext for ownership of the Norwegian stock market operator. Nasdaq's bid of 152 Norwegian crowns per share, valuing Oslo Bors at 6.54 billion crowns ($770.5 million), exceeded Euronext's bid of 145 crowns per share.

($1 = 8.4877 Norwegian crowns)




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Category: Stock Market


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