Euronext-Nasdaq row tests Norway’s market faith

Euronext, the European stock exchange operator, said on April 1 it had extended to May 6 the deadline for its 6.8 billion Norwegian crowns offer for Oslo Bors, the target of a rival bid from U.S. rival Nasdaq.

Both Euronext and Nasdaq are currently offering 158 crowns a share in cash to secure control of the Oslo stock exchange. Euronext added on April 1 that it had secured control of 53.1 percent of the share capital in Oslo Bors. Of these, 8.1 percent of shares are now directly owned by Euronext, while about 45 percent of the shares have been pre-committed to the Euronext offer.Nasdaq’s subsequent offer, due to expire on April 30, has won the support of the board and the commitment of about 35 percent of capital, including Oslo Bors’ two largest shareholders - DNB bank and pension provider KLP.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

California marijuana company Vertical is talking to banks about an IPO for its CBD business and just raised a fresh $58 million in preparationVertical President Smoke Wallin said he's aiming to list the CBD spinoff on the NASDAQ by the fourth quarter of this year. wow... this will be huge
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Cramer: Investor apathy for Lyft is a big positive for this bull marketJim Cramer says Lyft's 'ice cold' entrance to the Nasdaq turns out to be 'great news for the rest of the market because we don't want a flood of hot IPOs.' Valuing a company that makes no money and, by their own admission, may never make any money, at $25 billion is apathy? Wow, do I ever need a mind adjustment. oh thank god - i hope what i lost on $LYFT i can make back on the $SPY hitting ATHs
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »