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Qatar Sells Entire OMX Stake - ASHARQ AL-AWSAT English Archive
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STOCKHOLM (Reuters) – Qatar Holding LLC has sold its entire holding in Nordic and Baltic bourse operator OMX, the target of a bid by Borse Dubai, a regulatory filing showed on Wednesday.

OMX’s board has backed the $4.9 billion offer by Borse Dubai. If the offer succeeds, Borse Dubai will then sell on OMX to U.S. exchange Nasdaq in return for a stake in the combined business.

The regulatory filing showed Qatar Holding, a subsidiary of the Qatar Investment Authority, had sold 12.04 million shares 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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