Rumour has it that NASDAQ is considering a bid for OMX. The bid is rumoured to be approximately SEK 23bn at a price of SEK 192 per share. The possible acquisition is in line with an increased globalisation of stock trading. A consolidated exchange platform will provide the benefit for customers to trade on different platforms for the same membership on a particular exchange. The benefits of consolidation for the exchanges are argued to be: better liquidity and transparency in the markets, more companies listed and more members of the exchanges.
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant
Corporate venture arm Shell Ventures leads the round for the IoT energy systems software platform
GP invests in the company via Wisequity V, which closed on its €260m hard-cap in July 2019