OMX buys stake in Norwegian stock exchange

Nordic and Baltic market operator OMX has acquired a 10% stake in Oslo Bors Holding, the Norwegian stock exchange, for SKr287.5 millon.

  0 Be the first to comment

OMX buys stake in Norwegian stock exchange

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Commenting on the deal, Magnus Böcker, CEO of OMX, says: "The acquisition of this stake in Oslo Børs is an attractive investment opportunity for OMX. We know the company well through the Nordic cooperation and look forward to continuing to develop our close working relationship in the future."

Last month OMX said it had signed a letter of intent to buy Iceland stock exchange operator (Icex) in an all share deal worth SKr250 million.

Earlier this week the Scandinavian firm reported a capital gain of SKr80 million from the sale of its 19.78% stake in Swedish securities depository VPC.

Sponsored [On-Demand Webinar] PREDICT 2025: The Future of AI in the US

Comments: (0)

[Webinar] Trusted Transactions: The Future of Risk-Based AuthenticationFinextra Promoted[Webinar] Trusted Transactions: The Future of Risk-Based Authentication