Monday , July 15 2019
Home / senegal / Euronext: NASDAQ will go against EURONEXT to buy Oslo Stock Exchange

Euronext: NASDAQ will go against EURONEXT to buy Oslo Stock Exchange



As Oslo Stock Exchange was announced in early January, other candidates were interested outside of Euronext, at the end of December to repay offers. The British newspaper, Evening Standard, appeared on Wednesday at the London Stock Exchange, for Oslo Brs VPS; Finally, Nasdaq came to the Atlantic Ocean, and it is already remarkable in national countries: Finland, Sweden, the Baltic country. The scam of this opponent is weighing on Euronext stock, 53.55%.

The US Stock Exchange proposes Oslo Brs VPS for 152 Norwegian prices, 5% more than the Euronext offer, which offers 145 quotas per share. Nasdaq offers Oslo Stock Exchange for 674 million euros.

Euronext has received shareholder support, representing 50.5% of Oslo Stock Exchange and has launched its offer on January 14. By the request of AOF, the European Union Stock Exchange does not want to.

Nasdaq offers Oslo stock market value of 770 million dollars. Nasdaq is under the auspices of the Oslo Board of Directors and the Stock Exchange Directorate General. A board member decided to recommend shareholders to accept the American bid offer and not accept the Euronext offer.

In addition, two shareholders of Oslo Brs, DNB and KLP have agreed to bring shares. In total, Nasdaq was previously approved as 35.11% of Oslo Stock Market.

For UBS, local regulators may play a key role in determining the outcome of this war. Of course, Euronext requires four months of deciding whether or not to be suitable for stock exchange operators. Without the foreseeable end result, analysts believe that the support of the Board of Directors and the 35% shareholder support is weighed according to the decision of the Nasdaq regulatory offer.


Source link