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PARIS, April 8 (Reuters) – Euronext has announced that its offer of 6.8 billion Norwegian kroner ($ 790 million) on Oslo Bors has been welcomed by the Norwegian financial supervisory authority, while the company has not been able to afford it. Euronext is seeking the Nasdaq in its offer on Oslo Bors.
"Euronext is convinced that it is the best owner of Oslo Børs VPS and welcomes the positive recommendation of the Norwegian Financial Supervisory Authority to the Ministry of Finance that Euronext is approved, namely 100% of the capital of Oslo Børs VPS, as requested, without any restriction of ownership or other, "said Monday Stephane Boujnah, President of Euronext, in a statement.
"In addition, Euronext confirms that it will ensure that all remaining shareholders have the opportunity to return their shares to Euronext on the same terms, in connection with or after the final regulatory approval and compliance with all conditions of the offer, "Boujnah added.
$ 1 = 8,6043 Norwegian kroner
Report by Sudip Kar-Gupta, edited by Sherry
Jacob Phillips
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