06.19.2019

Euronext Completes Acquisition Of Oslo Børs VPS

06.19.2019

Euronext, the leading pan-European exchange, announces today that it has completed settlement of shares under its offers launched on 14 January 2019 and 31 May 2019. Euronext now owns 97.8% of the total issued and outstanding share capital of Oslo Børs VPS and will fully consolidate Oslo Børs VPS accounts.

The unconditional offer launched by Euronext on 31 May 2019, and recommended by the Board of Directors of Oslo Børs VPS, for all issued and outstanding Shares not already owned by it remains open for Acceptance until 28 June 2019 at 18:30 Central European Time.

Euronext will in due course initiate a compulsory acquisition procedure to acquire any remaining shares not tendered in accordance with the rules of the Norwegian Public Limited Companies Act.

Defined terms with capital letters herein have the meaning as in Euronext’s Offer Document published on 31 May 2019 available on https://www.euronext.com.

Source: Euronext

Related articles

  1. From The Markets

    Forge Launches in Europe

    The US secondary market for private company shares has partnered with Deutsche Börse to expand in Europe.

  2. Nasdaq is focussed on expanding share in the fast-growing segment of index options.

  3. BGC Group expects to launch FMX Futures in September 2024 to challenge CME.

  4. Outlook 2016: Alexander Lehmann, LSEG

    The exchange is picking up the pace of migrating datasets onto the Microsoft platform.

  5. The Australian exchnage is seeking stakeholder feedback by 18 June 2024.