DNB reiterates plan to sell Oslo Bors stake to Nasdaq

DNB reiterates plan to sell Oslo Bors stake to Nasdaq
FILE PHOTO: A woman walks past DNB bank's local office in Riga November 20, 2013. REUTERS/Ints Kalnins/File Photo Copyright Ints Kalnins(Reuters)
Copyright Ints Kalnins(Reuters)
By Reuters
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OSLO (Reuters) - Norwegian bank DNB still plans to sell its 20-percent stake in stock market operator Oslo Bors VPS to Nasdaq, despite a higher bid by Euronext, the bank said on Monday.

"We've committed to Nasdaq, so this doesn't change anything," DNB spokesman Thomas Midteide said when asked to comment on Euronext's raised offer.

DNB is the largest shareholder of Oslo Bors VPS.

(Reporting by Terje Solsvik, editing by Gwladys Fouche)

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