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Qatar Files Document for OMX Investment Approval - ASHARQ AL-AWSAT English Archive
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STOCKHOLM (Reuters) – A unit of the Qatar Investment Authority has filed a regulatory document with Sweden’s Financial Supervisory Authority asking approval to take a significant stake in OMX, the regulator said on Tuesday.

“The examination is an assessment of whether the new owner is suitable to have a significant influence in the company,” the regulator said.

Officials at the regulator could not be reached for additional comment.

OMX’s board has recommended a cash offer of 265 crowns per share from state-run Borse Dubai, which has teamed up with U.S. exchange Nasdaq to purchase the Nordic and Baltic exchange owner.

The firms have said the offer has received acceptances representing 47.6 percent of OMX shares.

Qatar has said it controls just under 10 percent in OMX.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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