Euronext increasing its offer for Oslo Bors?

The European Euronext is considering increasing its offer for Oslo Bors. According to Bloomberg News, the updated offer could be published during this week and one option is still, that no increase is made.

The parties have declined to comment the matter, but the Nasdaq Stock Exchnage made an offer in January to buy the Oslo Bors for 152 kroner per share, while the earlier offer by Euronext was 145 kroner per share.

Oslo Bors is one of the last independent stock exchanges in Europe with the average daily trading of 5,4 billion kroner. The number of trades increase over 25 % last year and the energy sector was the biggest industry sector in Olso. Oil companies represent about 35 % of the combined market capitalisation.

 

 

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