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.