Nasdaq, Dubai win OMX shareholder agreement -source
524028
Nasdaq  and Borse Dubai  won agreement from Investor AB , OMX's  biggest shareholder, and other investors to sell their shares at 265 Swedish crowns ($40.57) each, a person familiar with the matter said on Wednesday.
102467
Nasdaq and Borse Dubai increased an offer for the OMX Group to $4.9 billion yesterday and push close to acquiring a majority stake in the Nordic exchange group.
302340
The all-electronic US stock exchange Nasdaq is to buy OMX, which operates seven Nordic and Baltic exchanges, in an agreed takeover operation, OMX said in Stockholm on Friday.
106301
The owner of Dubai stock exchange is  preparing an offer for Nordic stock market group OMX ,  rivaling the proposed $3.7 billion merger between OMX and U.S.  group Nasdaq , Telegraph.co.uk reported on Sunday.
662500
The Swedish government said on Thursday it had agreed to sell its 6.6-percent share in the Nordic and Baltic stock exchange operator OMX to Emirates-based Borse Dubai, and subsequently to Nasdaq.
604776
The U.S. government has cleared a deal that will give Dubai's state-owned stock exchange a minority stake in the Nasdaq , the U.S.-based exchange said on Friday.
672293
The Nasdaq Stock Market  bid $3.7 billion for Nordic bourse owner OMX  on Friday as it set its sights on expanding beyond the U.S. market and adds to a wave of stock market consolidation.
591829
Nasdaq Stock Market Inc , the second-largest U.S. equities exchange, said on Wednesday that quarterly profit rose twelvefold, helped by a gain from the sale of its stake in the London Stock Exchange     .
164789
The board of Nordic and Baltic stock exchange operator OMX on Wednesday advised shareholders to accept a bid from Emirates-based Borse Dubai and a subsequent planned acquisition by Nasdaq.
328124
Nasdaq Stock Market obtained clearance to sell a stake to Borse Dubai, paving the way for Nasdaqâs eventual acquisition of the OMX exchange in Stockholm.
413312
Nasdaq  may sell its stake in the London Stock Exchange  to Borse Dubai and make a joint bid with the Gulf exchange for Nordic exchange owner OMX , The Daily Telegraph said on Monday.
676586
Nordic market operator OMX looked set Thursday to become the centre of takeover bidding battle between Gulf rivals Dubai and Qatar.
760021
Two Swedish newspapers reported on Thursday that Nasdaq  and state-run Borse Dubai are set to merge and take control of Nordic exchange group OMX .
145076
Nasdaq Stock Market Inc , the  second-largest U.S. equities exchange, said on Wednesday that  quarterly profit rose twelvefold, helped by a gain from the  sale of its stake in the London Stock Exchange .
725667
The Nasdaq Stock Market is selling a nearly 20 percent stake to Borse Dubai and is taking control of the Nordic exchange operator OMX as part of a sweeping settlement of their battle for control of OMX.
358156
The US stock exchange operator Nasdaq has said that it has failed to win control of the London Stock Exchange after LSE shareholders decided against backing a hostile takeover worth 2.9 billion pounds.
475618
(InfoWorld) - The Nasdaq Stock Market's efforts to buy the London Stock Exchange PLC is another milestone in globalization, and touches the world of IT. As exchanges merge and increase the fluidity of funds globally, a new world of competitive options open. The Nasdaq's latest bid, launched Nov. 20, to buy the part of the LSE it doesn't already own for Â£2.7 billion ($5.1 billion) is poignant in its historic and political overtones. The Nasdaq tapped technology to match buyers and sellers -- starting with simple bulletin boards -- and helped revolutionize trading over the last 20 years. As world class IT companies like Microsoft and Oracle went public on the Nasdaq, the exchange rode the computerization of modern life to great success. Most exchanges have adopted some form of electronic trading, including Nasdaq archrival the New York Stock Exchange (NYSE Group Inc.) and the LSE itself. Exchanges have unique advantages and retain distinct personalities, however. Linux vendor Red Hat Inc., for example, will move from the Nasdaq to the NYSE Tuesday. "The New York Stock Exchange has much stronger global recognition, and we're looking for a global branding image," said Linda Brewton, Red Hat manager of investor relations. She also noted that even though the NYSE has adopted electronic trading, trading is still done under live market specialists and that this reduces share-price volatility. The LSE, which traces its history back some 300 years, has rejected Nasdaq's bid, claiming it undervalues the exchange. The mercurial mayor of London, Ken Livingstone, is also on the case. Last week he asked the U.K.'s Office of Fair Trading to investigate, claiming that the acquisition would eliminate competition to U.S. markets for international company listings. Livingstone also echoed the concerns of many Europeans, that as U.S. exchanges merge with European markets, tighter U.S. regulations would hamper Europe's growing market competitiveness. This last issue has also caused bumps in the NYSE's deal to merge with the Euronext NV exchange. Nasdaq, having already bought about 29 percent of the LSE earlier this year, is appealing to shareholders. Nasdaq Chief Executive Officer Robert Greifield apparently believes the exchange needs the merger to compete. The merging of exchanges and the broader, growing numbers of mergers and acquisitions that IT companies are involved in are part of the same phenomenon, according to according to Eric Gebaide, managing director of Innovation Advisors, a New York investment firm. "It's a manifestation of the globalization of financial markets," Gebaide said. "That in turn is a precursor of the globalization of technology." When companies in Europe and Asia enjoy the same sort of availability of capital U.S. companies have, it can lead to greater competition for U.S. companies. However, U.S. companies can also take advantage of the new era of capital. For example, U.S. companies looking to efficiently use capital now have access to alternative local financing for offshore ventures, Gebaide notes. In the new global market, companies can even go public with offshore ventures, he suggests. The Nasdaq bid will probably play out into 2007. The offer to shareholders can be extended to 60 days, and the Nasdaq can still buy LSE shares on the open market. But no matter how it ends, the internationalization of capital markets will continue to have a profound impact.