Euronext offers $786 million for Oslo Bors as it tries to nix Nasdaq bid
Share:
PARIS/OSLO (Reuters) - Euronext raised its bid for Oslo Bors on Monday to around 6.79 billion Norwegian crowns (£606.07 million), upping the stakes in a battle with Nasdaq for the Norwegian stock exchange operator.The bidding war for one of the last independent stock markets in northern Europe follows consolidation which has been driven by the need to spend on technology and new entrants.By raising its offer to 158 Norwegian crowns per Oslo Bors share, hours before its opening gambit of 145..