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RPT-Nasdaq, Dubai up OMX bid, say control 47.6 pct shares

Wed Sep 26, 2007 5:13am EDT

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STOCKHOLM, Sept 26 (Reuters) - Nasdaq (NDAQ.O) and Borse Dubai on Wednesday raised their bid for OMX OMX.ST to $4.9 billion and said they had control of 47.6 percent of shares in the Nordic exchange operator.

The bid was raised to 265 Swedish crowns per OMX share from 230 crowns, the firms said in a statement.

The two firms also said they had lowered the acceptance level to complete the offer to above 50 percent from the previous level of above 90 percent.

Mergers & Acquisitions


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