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Euronext buys Norwegian power exchange in €84m deal

Deal strengthens Euronext’s position in the Nordic markets after its acquisition of the Norwegian stock exchange Oslo Børs

Euronext, which operates markets across Europe, has acquired control of Oslo-headquartered power-trading venue Nord Pool, building on its acquisition of the Norwegian stock exchange earlier this year.

The stock market operator said on December 5 that it has agreed to acquire 66% of Nord Pool, which operates in the Nordic and Baltic regions, Germany, France, the Netherlands, Belgium, Austria and the UK. The deal values Nord Pool at €84m, including debt, according to the statement.

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