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Oslo Børs confirms Burgundy merger

31 January 2013  |  1319 views  |  0 Source: Oslo Børs

Oslo Børs ASA signed an agreement in October 2012 to acquire all the shares in Burgundy AB. The shares were acquired on 24 January 2013, and the boards of Oslo Børs and Burgundy have now decided to merge the two companies.

The merger will contribute to more efficient organization of the activities of the companies.

Oslo Børs ASA is the acquiring company in the merger, and the name of the merged company will be Oslo Børs ASA. Burgundy will continue as a marketplace under Oslo Børs, in line with for example the marketplaces Oslo Børs and Oslo Axess. Burgundy will continue to operate through a Stockholm office.

Completion of the merger is subject to approval by the authorities of an application for extended authorisation of Oslo Børs. 

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