The proposed merger between the Norwegian stock exchange (Oslo Brs) and the Norwegian CSD (VPS Holding) is to go ahead following agreement between the two boards of directors on 3 May.
Extraordinary general meetings to approve he merger will be held on 11 June 2007. According to a spokesman for DnB NOR in Oslo, the merger plan with enclosures and the Information Memorandum will be sent out shortly with the notices of extraordinary general meetings. “The merger plan contains the same terms that formerly have been made public,” says the spokesman.
The name of the merged company will be Oslo Brs VPS Holding ASA.