Oslo Børs Invites Bidders Against Euronext01.04.2019
Reference is made to the press releases of 24 and 28 December 2018 in respect of the planned tender offer by Euronext N.V. for all the outstanding shares of Oslo Børs VPS Holding ASA.
Against the background of the information that some other relevant parties did not participate in the compact auction process that was carried out in December, the Board of Oslo Børs VPS Holding has decided to invite relevant parties that may be interested in the opportunity of making an offer for shares in Oslo Børs VPS to participate in an offer process.
The process will take place now in January, and the objective will be to find the optimal solution in the best interests both of shareholder value and of the functions of the group’s stock exchange and central securities depository activities in the Norwegian securities market. The Board intends to hold meetings with Euronext and other interested parties before it issues its evaluation and recommendation to shareholders.
The Board of Oslo Børs VPS has engaged Arctic Securities as an advisor to assist with this process.
Source: Oslo Børs
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