Several companies show interest in Oslo Bors VPS

Business 1/11/2019, 4:13 PM
Several companies show interest in Oslo Bors VPS

The management of Oslo Bors VPS Holding ASA said it held meetings with "some" of the entities that expressed interest in offering to buy the stock exchange operator and that more discussions are due. The announcement, published on Friday, reveals "a number of parties" have indicated they could participate in the tender upon a public invitation from January 4.

Euronext NV, which runs stock exchanges in Paris, Amsterdam, Brussels, Lisbon and Dublin, issued a bid of €625 million three weeks ago, but Oslo Bors decided to explore other options. The board vowed to search for a "high-quality" plan for issues like the ability of listed entities to access capital.

The process "will take time" and the recommendation will be published by the end of February, the statement adds. Arctic Securities advises the exchange operator on the matter.

Breaking the News / IT

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