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Nasdaq Dubai to sell for $121 million

24 December 2009

Dubai Financial Market (DFM) will buy Nasdaq Dubai for $121 million

Dubai Financial Market (DFM) will buy Nasdaq Dubai for $121 million, Financial Times reports. The company has offered $102 million in cash and 40 million of its shares to Borse Dubai and the Nasdaq OMX Group. The U.S. exchanges operator will also take a 1% stake in...


 

Poll

What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
34%
It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
17%
It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
14%