[lbo-talk] Dubai in $4bn bid for Nordic OMX

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Mon Aug 20 04:40:49 PDT 2007

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Last Updated: Friday, 17 August 2007

Dubai in $4bn bid for Nordic OMX http://news.bbc.co.uk/2/hi/business/6951878.stm

[The Dubai exchange is looking to expand in growing markets]

The Dubai stock exchange has launched a $4bn (£2.02bn) cash bid to buy its Nordic counterpart OMX.

The offer price trumps the $3.7bn recommended cash-and-share offer made by the US Nasdaq in May and could prompt a bidding battle for the firm. http://news.bbc.co.uk/2/hi/business/6951878.stm

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