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 raised its offer price for Oslo Bors to about 6.8 billion Norwegian crowns ($789 million), matching a rival offer by Paris-based Euronext.
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Published: March 4, 2019