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Qatar sells OMX stake, reportedly to Borse Dubai
LONDON (MarketWatch) — The Qatar Investment Authority has sold its nearly 10% stake in Nordic stock exchange group  

SE:OMX 263.00, +1.00, +0.4%) , according to a filing by the Swedish financial supervisory authority. The filing didn’t state who bought the stake, but a Dow Jones Newswires report said it was Borse Dubai. The sale would remove a significant potential hurdle to the joint bid by Borse Dubai and Nasdaq (NDAQ:

:

NDAQ 42.24, +0.03, +0.1%) for OMX. Under the deal Nasdaq would gain control of OMX, while Borse Dubai would take a nearly 20% stake in the combined company as well as getting Nasdaq’s stake in the London Stock Exchange. End of Story

 

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