January 14, 2019 / 10:21 AM / in 5 days

Top owner DNB to await Oslo Bors' view before selling stake

FILE PHOTO: A woman walks past DNB bank's local office in Riga November 20, 2013. REUTERS/Ints Kalnins/File Photo

OSLO (Reuters) - Norwegian bank DNB (DNB.OL) will await the advice of the board of Oslo Bors VPS OSLO.NFF before deciding whether to sell its stake of close to 20 percent to Euronext (ENX.PA) or other potential bidders, it said on Monday.

The stake makes DNB the largest owner of Oslo Bors VPS.

“We are waiting for the board ... to consider the bid before we make a decision”, a DNB spokesman said.

“The Oslo Bors board has also initiated a process to invite other potential bidders, which we think is positive for all the shareholders,” he added.

Reporting by Camilla Knudsen, editing by Terje Solsvik

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