EnergyWatch

Euronext buys majority position in Nord Pool

Oslo-based energy trading market Nord Pool gets a new majority owner with Euronext buying a 66-percent equity position.

Photo: Thomas Borberg

Pan-European stock market Euronext buys 66 percent of equity in Nord Pool, the second-largest physical energy trading market in Europe, Euronext informs in a statement Thursday.

Oslo-based Nord Pool is valued at EUR 84 million in cash and on a debt-free basis.

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