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Scandinavia's OMX exchange buys 10 percent stake in the Oslo bourse

Scandinavia's OMX exchange buys 10 percent stake in the Oslo bourse

Swedish stock exchange operator OMX AB said Friday it bought a 10 percent stake in the Oslo bourse.
OMX said it bought 500,000 shares for 317 million Swedish kronor (US$44 million; euro34.2 million).
Stockholm, Sweden-based OMX controls all the Nordic region's stock exchanges except for the Oslo Boers after announcing its acquisition of the Icelandic stock exchange last month. Oslo bourse spokesman Tor Arne Olsen said the purchase does not change the Norwegian exchanges strategy of remaining independent.
"The acquisition of this stake in Oslo Boers is an attractive investment opportunity for OMX," OMX Chief Executive Magnus Bocker said. "We know the company well through the Nordic cooperation and look forward to continuing to develop our close working relationship in the future."
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On the Net:
http://www.oslobors.no
http://www.omx.se


Updated : 2021-04-22 06:40 GMT+08:00