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Borse Dubai deemed suitable owner of OMX, now American approval required

by Colin Packham, Sydney

Borse Dubai has edged closer to gaining control of Nordic exchange operator, OMX after Sweden’s financial market regulator (Finansinspektionen) has its approved bid.

“Borse Dubai fulfills the requirements to become the owner of OMX,” the regulator said in a statement on 12 November adding that its assessment deemed that Borse Dubai met the requirements of the Securities...

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