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The subsidiary of the American company NASDAQ buys all the shares of the Oslo Stock Exchange. The price of the shares of Oslo Boers VPS Holding ASA will be 152 krones per share, and the entire stock exchange is valued at $770 million. The deal will be confirmed allegedly on February 4. The American operator already owns stakes of the stock exchanges in Denmark, Sweden and Finland. Euronext NV at the end of December made an offer to the board of directors of Oslo Boers for a deal of 625 million euros. The company gained the support of nearly half of the stockholders, but Oslo Boers executives recommended accepting the NASDAQ proposal. The operator said that 35.11% of shareholders had previously accepted the NASDAQ proposal, including the largest shareholders of DNB and KLP. Representatives of DNB, the largest bank in Norway, believe that the NASDAQ offer gives the exchange the most advantages.
South Korea on Wednesday announced that it would scale back its plans to impose capital gains taxes on stock investments after numerous complaints from retail investors. However, taxes will, instead increase for top earners as part of changes ...
The U.S stocks increased on Wednesday and large technology companies lifted Nasdaq to another record close as investors continued to shrug off higher numbers of coronavirus cases in the United States. The Nasdaq Composite Index, led by Amazon.com ...
Berkshire Hathaway Inc.’s (BRK.A, BRK.B) Chief Executive Officer Warren Buffett announced on Monday that its energy unit agreed to purchase the natural gas transmission and storage assets of utility company Dominion Energy Inc. (D.N) ...
U.S. stock index futures rose on Thursday, ahead of the much-awaited jobs report that could signal further evidence of an economic rebound in June. However, gains remained limited by the record surge in daily COVID-19 cases. Dow e-minis gained ...
Chinese tech giant Tencent said on Thursday that it had purchased Malaysian video streaming platform Iflix’s “content, technology, and resources” in order to further grow its presence in Southeast Asia. Tencent said in a ...
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