Monday, May 28, 2007

OMX Shares Advance on Report Dubai May Surpass $3.7 Billion Nasdaq Bid

(Bloomberg) -- Shares of Sweden's OMX AB, Europe's
fifth-biggest stock exchange, rose as much as 7.8 percent after
London's Sunday Times said Dubai may bid for the company, rivaling
an agreed $3.67 billion offer from Nasdaq Stock Market Inc.

OMX shares climbed 11.5 kronor to 211 kronor at 3:35 p.m. in
Stockholm, higher than Nasdaq's May 25 bid of 208.1 knonor a share.
OMX has a market value of 25.5 billion kronor ($3.73 billion).


Read more at Bloomberg Emerging Markets News

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