OMX and Nord Pool to create Nord Pool International

Odd Hakon Hoelsaeter, vice chairman of the Nord Pool board, told Energy Risk at a press conference in Oslo today that negotiations over potential partners “had been started several times” over the past three years. “We concluded that OMX would be the best partner for Nord Pool,” he said.

The acquisition, which will cost OMX 2.3 billion Norwegian kroner (around $411 million), will allow Nord Pool to expand further internationally, with the first products to be traded on the new platform, from

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