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Nasdaq woos Oslo Stock Exchange amid Euronext bid

Nasdaq, which already owns Nordic stock exchanges in Copenhagen, Stockholm, Helsinki and Iceland, is now reportedly keen to complete its ownership of the region's bourses by taking over the Oslo exchange too.

Photo: Ritzau Scanpix

Following a move by the Oslo Stock Exchange to invite potential bidders, Nasdaq is contemplating an offer to buy the exchange -- Norway's biggest commercial securities trading center, according to a report in the Financial Times citing anonymous sources.

Before Christmas, bourse operator Euronext made a EUR 625 million bid for Oslo Stock Exchange, and after a cooling-off period, the Norwegian exchange wants other interested parties to make their bids, and according to the Financial Times, Nasdaq is considering doing this.

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