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Bidding war rumbles around Oslo Stock Exchange

Euronext chief Stéphane Boujnah is not afraid of a competitive bid being launched for the Oslo Stock Exchange, and says he will buy the majority stake his firm has already secured.

Oslo Stock Exchange. | Photo: PR/Stein Henningsen

A bidding war may now be rumbling on the horizon for the Oslo Stock Exchange, but the European bourse operator with an offer already on the table is unfazed.

Euronext has already secured a majority stake in the Norwegian company, and Euronext chairman and CEO Stéphane Boujnah assures Norwegian business daily Dagens Næringsliv that he will carry out this purchase, as long as the transaction gets government approval.

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