Business Services Industry

OMX AB denies Borse Dubai's claims for further share acquisitions

Nordic Business Report, August 10, 2007

NORDIC BUSINESS REPORT-10 August 2007-OMX AB denies Borse Dubai's claims for further share acquisitions(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Nordic stock exchange operator OMX AB issued on Friday (10 August) a statement regarding Borse Dubai's acquisition of 4.9% in OMX and its statement that it has options, subject to certain conditions, to acquire a further 22.5% shareholding in OMX.

OMX said that it has received no further clarification as to Borse Dubai's intentions.

Furthermore, OMX confirms that the only offer it has received is the offer from NASDAQ.

OMX also noted NASDAQ's announcement that it is fully committed to the proposed merger with OMX.

OMX operates the Nordic Exchange, which offers access to approximately 80% of the Nordic and Baltic securities markets

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

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