NEWS

Nasdaq raises offer for Norway’s Oslo Bors, matches Euronext bid

Category: Accounting / Financial

Norwegian exchange operator Oslo Bors has recommended that its shareholders accept a sweetened buyout offer made by U.S.-based Nasdaq Inc on Monday, and reject a bid from Euronext. Nasdaq is the preferred owner for Oslo Bors from an “industrial and strategic perspective,” Oslo Bors said, reiterating earlier statements endorsing Nasdaq’s bid. Earlier on Monday, Nasdaq […]

Source: Nasdaq

Published: March 4, 2019

Bloomberg: Norway’s $1 Trillion Man

Category: Accounting / Financial

Norway’s clout in financial markets far outweighs its economy, which is about a 10th the size of Germany’s. The central bank’s $1 trillion investment fund plows the Nordic nation’s oil income into public securities and has become the biggest of its kind, owning about 1.4 percent of global stocks. Yngve Slyngstad, who grew up in Asker […]

Source: Bloomberg

Published: February 2, 2019

Bloomberg: Nasdaq and Euronext Intensify Battle to Take Over Oslo Bors

Category: Accounting / Financial

The fight for Oslo Bors intensified on Monday as Nasdaq Inc. made a formal takeover bid while Euronext NV signaled it may raise its offer to buy Norway’s main exchange. Nasdaq is ready to pay 152 kroner a share for Oslo Bors VPS Holding ASA, valuing it at 6.54 billion kroner ($770 million), which is […]

Source: Bloomberg

Published: April 2, 2019

KPMG: Verdens 10 største geopolitiske farer i 2019

Category: Accounting / Financial

Geopolitiske spenninger som har bygget seg opp over tid, utgjør den aller største risikoen i år.– Alle piler peker i feil retning, sier Agathe L’Homme, analytiker i KPMGs Corporate Intelligence-avdeling. KPMGs alliansepartner Eurasia Group, et ledende selskap innenfor geopolitiske analysearbeid, har utarbeidet en liste over de ti største geopolitiske utfordringene de mener verden står overfor […]

Source: KPMG in Norway

Published: July 16, 2024

Norway’s Biggest Bank Seeks Broader Profit Mix to Match Rivals

Category: Accounting / Financial

DNB ASA finally feels it’s getting some respect from investors, but it has some way to go in matching its Nordic rivals on its income mix. With Nordea Bank Abp moved to Finland and Danske Bank A/S mired in a money laundering scandal, Norway’s DNB is now Scandinavia’s biggest bank by market value. While calling itself the largest Scandinavian bank […]

Source: Bloomberg