(Reuters) -Pan-European stock exchange Euronext (EPA: ENX ) on Tuesday announced it would acquire Nasdaq’s Nordic power futures activities.

Trading of power futures will be transferred to Euronext Amsterdam, the group said in a press release.

The migration is expected to occur in the first half of 2026, it added.

Earlier this month, Euronext CEO Stéphane Boujnah indicated the pan-European stock exchange's interest in a deal with Nasdaq Nordic, in line with its strategy to consolidate European financial markets.