Euronext has officially announced its bid on Oslo Børs. The bid values Oslo Børs at EUR 625m. After a quite dramatic December regarding a takeover of Oslo Børs, Euronext also states they will not enter a bidding war. Oslo Børs reported a LTM turnover of USD 127m and EBITDA of USD 58m by September 2018, corresponding to an EV/EBITDA multiple of 12.4x.
