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CHRONOLOGY: Consolidation moves by stock exchanges
(Reuters) - Nasdaq (NDAQ.O) and Borse Dubai joined forces on Thursday in a deal to buy Nordic markets operator OMX OMX.ST and create "a global financial marketplace" which will see Borse Dubai taking key stakes in London Stock Exchange (LSE.L) and Nasdaq.
Under the deal Borse Dubai will end up with a 20 percent of Nasdaq, and Nasdaq will take a strategic stake in Dubai International Financial Exchange (DIFX), which it said will be rebranded with the Nasdaq name and licensed to use Nasdaq and OMX market technology.
Here is a chronology of recent merger or acquisition moves by stock exchanges worldwide:
2006
April 11 - Nasdaq Stock Market Inc. (NDAQ.O) buys a 15 percent stake in the London Stock Exchange (LSE.L). Nasdaq subsequently raises its stake to 31 percent.
June 2 - NYSE Group Inc. (NYX.N) reaches an agreement to buy Paris-based European exchange operator Euronext ENXT.PA in a pioneering transatlantic deal. The merged exchange NYSE Euronext (NYX.PA) (NYX.N) makes its market debut on April 4, 2007.
Oct 6 - Nordic stock exchange group OMX OMX.ST buys a 10 percent stake in the Oslo stock exchange.
Oct 17 - Chicago Mercantile Exchange Holdings Inc. CME.N, agrees to buy cross-town rival CBOT Holdings, Inc. BOT.N ending a century of competition to create the world's largest publicly traded exchange by market capitalization.
Nov 30 - OMX buys Iceland's stock exchange and securities depository.
2007
Jan 10 - The NYSE and others, including Goldman Sachs (GS.N), pay $460 million for stakes totaling 20 percent in India's National Stock Exchange (NSE).
Jan 12 - Atlanta-based IntercontinentalExchange Inc. (ICE.N) buys the New York Board of Trade (NYBOT).
Feb 14 - Germany's Deutsche Boerse (DB1Gn.DE) buys a 5 percent stake in the Bombay Stock Exchange (BSE).
March 7 - Singapore Exchange buys a 5 percent stake in BSE for $42.7 million.
April 30 - Deutsche Boerse says it will buy U.S. options market International Securities Exchange ISE.N for $2.8 billion, creating the No. 1 transatlantic derivatives marketplace.
May 25 - Nasdaq agrees deal to buy OMX for $3.7 billion.
June 15 - The Tokyo Stock Exchange TSE.UL buys 4.99 percent of Singapore Exchange Ltd.
June 23 - The LSE agrees to buy Borsa Italiana for 1.6 billion euros ($2.15 billion).
Aug 20 - Nasdaq says it plans to explore selling its 31 percent stake in the LSE.
Sept 20 - Nasdaq and Borse Dubai enter a deal under which Nasdaq will take a strategic stake in Dubai International Financial Exchange (DIFX) and Borse Dubai will end up with a 20 percent stake in Nasdaq.
