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Nasdaq increases stake in Norway's Oslo Bors


Reuters


April 11 (Reuters) - U.S. stock market operator Nasdaq Inc said on Thursday it has increased its stake in Norway'sOslo Bors VPS with a purchase of 844,071 shares in the Norwegian bourse.

The purchase represents nearly 2 percent of Oslo Bors' outstanding shares as of Thursday, data from the Norwegian exchange operator showed.

It was made at 158 Norwegian crowns per share, and was in line with the terms of offer that were amended last month, Nasdaq said in a statement.

Stock market operators Euronext and Nasdaq, both vying for the control of Oslo Bors, have been deemed fit and proper owners by the Norwegian financial supervisory authority.

Earlier this month, Euronext said it had secured the backing of the holders of 53.1 percent of the shares in Oslo Bors, giving it a lead over Nasdaq, which has backing from about one-third of the owners.






This article appears in: World Markets , US Markets , Oil , Stocks
Referenced Symbols: ENX ,




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