Nasdaq AB announced today that it will make a public offer to acquire all of the issued shares of Oslo Børs VPS Holding ASA at NOK 152 per share.
The formal Offer will be made pursuant to an offer document, which is expected to be published on or around 4 February 2019.
Based on an overall evaluation of the factors considered relevant, the Board of Directors of Oslo Børs VPS considers that the offer is the best alternative for all stakeholders (including shareholders, issuers, investors, banks and investment banks operating in the Norwegian capital market) and therefore unanimously recommends that the shareholders of Oslo Børs VPS accept the offer and do not accept the offer to acquire the shares of Oslo Børs VPS made by Euronext NV.
Nasdaq AB is offering NOK 152 in cash per share in Oslo Børs VPS, plus an interest payment of 6% per annum on the offer price, pro-rated per day from 29 January 2019 until the conditions to the Offer have been fulfilled or waived.
Nasdaq AB has received irrevocable pre-acceptances of the Offer from shareholders representing 35.11% of the total shares of Oslo Børs VPS. Pre-accepting shareholders include Oslo Børs VPS’ two largest shareholders (DNB and KLP).
Enclosed is a joint press release from Nasdaq AB and Oslo Børs VPS Holding ASA regarding the offer.
A press conference will be held in the premises of Oslo Børs, Tollbugata 2, Oslo at 10:00 Wednesday 30 January.
FTSE Mondo Visione Exchanges Index:
Nasdaq To Make An Offer To Acquire Oslo Børs VPS - Supported By The Oslo Børs VPS Board Of Directors
Date 30/01/2019