Friday July 17 2015
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
The Zagreb Stock Exchange (ZSE) has signed an agreement to take over 100% of the Ljubljana Stock Exchange (LJSE) shares from the CEE Stock Exchange Group (CEESEG). Upon approval by regulatory authorities of both countries and following a capital in-crease by the Zagreb Stock Exchange, the transaction is expected to be completed in the last quarter of this year.
In addition to the share purchase agreement, the Vienna Stock Exchange (VSE) and the Zagreb Stock Ex-change also signed a letter of intent, forming a partnership with the key component of sharing their trading technology. Subject to the successful completion of terms, VSE will provide ZSE with their trading system, interfaces, software and expertise.
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