Advertisement
U.S. markets close in 32 minutes
  • S&P 500

    5,262.67
    +14.18 (+0.27%)
     
  • Dow 30

    39,851.87
    +91.79 (+0.23%)
     
  • Nasdaq

    16,401.44
    +1.92 (+0.01%)
     
  • Russell 2000

    2,124.21
    +9.86 (+0.47%)
     
  • Crude Oil

    83.06
    +1.71 (+2.10%)
     
  • Gold

    2,241.40
    +28.70 (+1.30%)
     
  • Silver

    24.97
    +0.22 (+0.88%)
     
  • EUR/USD

    1.0791
    -0.0039 (-0.36%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2623
    -0.0015 (-0.12%)
     
  • USD/JPY

    151.3990
    +0.1530 (+0.10%)
     
  • Bitcoin USD

    70,730.09
    +1,969.23 (+2.86%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Norway paves way for Euronext takeover of Oslo Bors

OSLO (Reuters) - Norway will allow Euronext to take a majority stake in Oslo Bors VPS, the country's finance ministry said on Monday, confirming an earlier statement by Euronext.

The decision effectively ends a five-month battle between Euronext and Nasdaq for ownership of the Norwegian stock market operator.

While Euronext has already secured a stake of more than 50% in Oslo Bors, Nasdaq had argued that no takeover should be allowed unless a two-thirds stake was obtained.

No such restrictions will be imposed, the Norwegian ministry said in a statement.

(Reporting by Terje Solsvik; Editing by Simon Cameron-Moore)

Advertisement