The Board of OMX has responded to the joint announcement by the NASDAQ Stock Market Incorporated and Boerse Dubai.
The Board of OMX will assess the implications for OMX shareholders and update them in due course.
In order to enable NASDAQ and Boerse Dubai to enter into the relevant arrangements, OMX has accepted certain amendments to its transaction agreement with NASDAQ.
“Our initial response is that the competitiveness for the OMX Nordic Exchange will be secured going forward. In parallel, the possibilities for expansion in the Middle East for OMX exchange technology through NASDAQ’s investment in DIFX, will increase,” says Urban Bckstrm, chairman of OMX.