TOPIC: Globalisation » Economy » Finance » Markets » Stocks
Category
articles
Date
2007-05-25
Actor
Sukumar, Nandini, an...
Source
Bloomberg
Uploaded date
2009-01-01
Uploaded by

Nasdaq Agrees to Buy Sweden's OMX for $3.7 Billion

"Nasdaq Stock Market Inc. agreed to buy Sweden's OMX AB for 25.1 billion Swedish kronor ($3.7 billion), pushing into Europe after two failed attempts to acquire London Stock Exchange Group Plc. Nasdaq offered 208.1 kronor a share in cash and stock, or 16 percent more than Stockholm-based OMX's closing price yesterday, the companies said in a statement today. OMX, founded in 1985, was the world's first publicly listed bourse, and operates seven Nordic and Baltic exchanges." (Quoted from article)

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