Euronext welcomes Oslo BÝrs clearance from Norwegian Ministry of Finance
May 13, 2019

Euronext, the pan-European exchange, says it welcomes the clearance from Norway's Ministry of Finance to acquire up to 100 percent of Oslo BÝrs VPS's capital, as applied for.

On reaching this critical milestone, Euronext confirms its intention to complete the transaction by the end of June 2019. For the record, rival bidder Nasdaq says it too has received the MoF's green light.

Euronext says it has already secured a majority of the capital of Oslo BÝrs VPS (53.4 percent) including irrevocable pre-commitments, shares tendered to the offer, and directly owned shares. This satisfies the 50 percent minimum ownership condition of its offer, as described in its offer document.

The Ministry's decision was one of the last major conditions to complete the transaction.

Euronext's shareholders have been asked to approve the transaction at the general meeting convened on 16 May 2019, and Euronext's reference shareholders, who represent 23.86 percent of the capital, have confirmed their joint support for the transaction.





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Euronext, the pan-European exchange, says it welcomes the clearance from Norway's Ministry of Finance to acquire up to 100 percent of Oslo BÝrs VPS's capital, as applied for.

On reaching this critical milestone, Euronext confirms its intention to complete the transaction by the end of June 2019. For the record, rival bidder Nasdaq says it too has received the MoF's green light.

Euronext says it has already secured a majority of the capital of Oslo BÝrs VPS (53.4 percent) including irrevocable pre-commitments, shares tendered to the offer, and directly owned shares. This satisfies the 50 percent minimum ownership condition of its offer, as described in its offer document.

The Ministry's decision was one of the last major conditions to complete the transaction.

Euronext's shareholders have been asked to approve the transaction at the general meeting convened on 16 May 2019, and Euronext's reference shareholders, who represent 23.86 percent of the capital, have confirmed their joint support for the transaction.



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