Swedish regulator approves Borse Dubai as OMX bidder

Source: Borse Dubai

Borse Dubai meets the requirements that are placed on an owner of a qualifying holding in OMX.

This decision was announced by Finansinspektionen (FI) today.

The requirements on owners of a Swedish stock exchange are set out in the Securities Markets Act. FI shall approve an owner if there is reason to believe that the owner is suitable to exercise a significant influence over the management of the firm.

FI's assessment is that Borse Dubai meets the requirements of the Act on the buyer of a qualifying holding in OMX.

Comments: (0)