The Nasdaq Stock Market, Inc. announced today that it is close to finalizing its deal to create a global exchange as OMX AB shareholders have accepted the Borse Dubai’s tender offer.
The Borse will sell OMX shares to Nasdaq, to form The Nasdaq OMX Group. The transaction is expected to close on February 27.
Nasdaq’s president and CEO, Bob Greifeld, commented, “This is the final milestone of the transaction. Borse Dubai’s successful tender for OMX shares paves the way for Nasdaq to create the world’s largest exchange company that will set the standard for global electronic trading and public company services, and provide the premier infrastructure for financial markets around the world.”
OMX shareholders accept Borse Dubai offer
Nasdaq close to finalizing combination with OMX
- By: James Langton
- February 15, 2008 February 15, 2008
- 11:35