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The first Boeing 787 Dreamliner sits on the assembly line at the company's Everett plant in Washington in this May 19, 2008 file photo. REUTERS/Robert Sorbo/Files

Aerospace and Defense

Defense budgets are not declining as sharply as some had feared, but companies are scrambling to ensure continued earnings growth. Get exclusive insight into the defense sector from the Reuters Aerospace and Defense Summit.  Full Coverage 

    Borse Dubai hopes to close OMX deal this year

    STOCKHOLM
    Fri Aug 17, 2007 5:07am EDT

    Stocks

       
    An investor looks down towards the trading floor of the Dubai Financial Market during operating hours in the Dubai World Trade Center in Dubai, August 9, 2007. Borse Dubai, which has bid $3.98 billion for Nordic exchange owner OMX, said on Friday it hoped to close the deal before the end of the year. REUTERS/Jumana El Heloueh

    STOCKHOLM (Reuters) - Borse Dubai, which has bid $3.98 billion for Nordic exchange owner OMX OMX.ST, said on Friday it hoped to close the deal before the end of the year.

    Regulatory News  |  Mergers & Acquisitions

    OMX earlier agreed a $3.7 billion deal with U.S. exchange group Nasdaq (NDAQ.O).

    "We believe we will be able to close the transaction this year," a Borse Dubai representative told a conference call.



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