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OMX deal nears completion but rumours over rival bid persist

by Colin Packham, Sydney

Nasdaq’s bid for control of OMX moved to near completion after Borse Dubai secured 47.6% of the Nordic exchange, close to the reduced acceptance level of 50%. However, the value of the deal has risen to SEK265 per share from SEK230, making the exchange worth $4.9bn following a declared rival interest from Qatar Investment Authority (QIA)....

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