Nasdaq, Dubai raise OMX bid, control 47.6 pc shares
Nasdaq and Borse Dubai on Wednesday raised their bid for OMX to $4.9 billion and said they had control of 47.6 percent of shares in the Nordic exchange operator. The bid was raised to 265 Swedish crowns per OMX share from 230 crowns, the firms said in a statement.
The two firms also said they had lowered the acceptance level to complete the offer to above 50 percent from the previous level of above 90 percent.
Earlier, a report said they had won agreement from Investor AB, OMX's biggest shareholder, and other investors to sell their shares at 265 Swedish crowns ($40.57) each.
The other sharesholders are Nordea Bank, OMX chief executive officer Magnus Bocker and founder Olof Stenhammar.
Meanwhile, Borse Dubai chief executive said they hoped to get a controlling stake in OMX soon.
Per Larsson said it was difficult to say when they would cross the 50 percent barrier.
"We are talking to other shareholders as well. How soon we will get over 50 percent is difficult to say, but hopefully fairly soon," Larsson said in a telephone interview.- Reuters
The two firms also said they had lowered the acceptance level to complete the offer to above 50 percent from the previous level of above 90 percent.
Earlier, a report said they had won agreement from Investor AB, OMX's biggest shareholder, and other investors to sell their shares at 265 Swedish crowns ($40.57) each.
The other sharesholders are Nordea Bank, OMX chief executive officer Magnus Bocker and founder Olof Stenhammar.
Meanwhile, Borse Dubai chief executive said they hoped to get a controlling stake in OMX soon.
Per Larsson said it was difficult to say when they would cross the 50 percent barrier.
"We are talking to other shareholders as well. How soon we will get over 50 percent is difficult to say, but hopefully fairly soon," Larsson said in a telephone interview.- Reuters
posted by bizzwhizz at 9:57 PM
1 Comments:
And what will better in the future?
Igor
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