Borse Dubai lifts bid for Nordic
Borse Dubai has raised its offer for the Nordic exchange OMX to $4,900 million, as it tries to complete a complex deal with the US' Nasdaq (see pages 4-5).
The Dubai company is now offering SEK 265 ($40.6) a share for OMX, which raises its takeover bid by $649 million. Borse Dubai already controls 46.5 per cent of shares in OMX.
On 26 September, Borse Dubai announced that it had undertakings to acquire shares from institutional shareholders Investor, Nordea Bank, Didner & Gerge and Nykredit, as well as OMX president and chief executive officer Magnus Bocker and the bourse's founder Olof Stenhammar.
Borse Dubai has raised its offer for the Nordic exchange OMX to $4,900 million, as it tries to complete a complex deal with the US' Nasdaq (see pages 4-5).
The Dubai company is now offering SEK 265 ($40.6) a share for OMX, which raises its takeover bid by $649 million. Borse Dubai already controls 46.5 per cent of shares in OMX. On 26 September, Borse Dubai announced that it had undertakings to acquire shares from institutional shareholders Investor, Nordea Bank, Didner & Gerge and Nykredit, as well as OMX president and chief executive officer Magnus Bocker and the bourse's founder Olof Stenhammar.This content is only available to full MEED package subscribers (MEED magazine and MEED.com).
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