Nasdaq Rival Euronext Eyes Higher Bid For Oslo Exchange
Law360, London (February 4, 2019, 1:08 PM GMT) -- Stock market operator Euronext NV indicated Monday it is considering sweetening its original €625 million ($716 million) takeover offer for Oslo Bors VPS after a $770 million counterbid by Nasdaq Inc. won support from the Oslo exchange's board and biggest shareholders.
The pan-European trading venue reaffirmed in a statement it is sticking to its commitment to buy Norwegian exchange Oslo Bors despite a decision by the Nordic company’s board last week to back a higher bid from Nasdaq.
"Euronext is determined to acquire Oslo Bors VPS and remains committed to a constructive and continuous dialogue with Oslo Bors VPS shareholders, board...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!