Euronext to acquire Nasdaq's Nordic power futures business
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Euronext is set to acquire Nasdaq's Nordic power futures business, pending regulatory approvals. This deal involves transferring open positions from Nasdaq Clearing to Euronext Clearing.
January 28, 2025 | 7:15 am
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Nasdaq is selling its Nordic power futures business to Euronext, which may streamline Nasdaq's focus on other core areas.
The sale of the Nordic power futures business is a strategic move for Nasdaq, potentially allowing it to concentrate on its core operations. However, the impact on Nasdaq's stock price is uncertain as the financial details of the deal are not disclosed.
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