• Most Popular
  • Most Shared

Oslo Bourse and SGX sign secondary listings deal

Wed Jul 8, 2009 6:19am EDT

Stocks

   

OSLO, July 8 (Reuters) - Oslo Bourse said on Wednesday it had signed a deal with Singapore Exchange (SGX) (SGXL.SI) to cooperate on secondary listings for companies within energy, oilfield services and shipping sectors.

"A cooperation between SGX and Oslo Bourse underscores the fact that both Singapore and Norway have long and, to a large extent, similar traditions with regards to shipping and energy related sectors," Chief Executive Bente Landsnes at Oslo Bourse said in a statement.

SGX and Oslo bourse will make rules and procedures for listings more similar to give companies an opportunity to diversify their shareholder base and get access to capital in a new market, the bourse said. (Reporting by Richard Solem; Editing by Jon Loades-Carter)



More from Reuters

Photo

Senate panel approves Bernanke nomination

WASHINGTON (Reuters) - The U.S. Senate Banking Committee on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke for a second term, sending it to the full Senate for a final confirming vote. | Video

» More Top News
A girl sits on her father's shoulders in front of a globe with an interactive display during an Earth Hour ceremony at the townhall square in central Copenhagen December 16, 2009. Credit: REUTERS/Christian Charisius

U.N. talks at "critical juncture"

Climate talks were given a second chance after the U.S. backed a $100 billion global fund to support poor countries. What else will it take to hammer out a deal?  Full Article 

Climate Conference
Bernd Debusmann
Bernd Debusmann:

Burning borrowed money

The Pentagon burns through $5 million in borrowed money every hour in Afghanistan and the amount is expected to more than double once additional troops are deployed.   Commentary 

Afghanistan