Borse Dubai extends OMX offer

Borse Dubai said in a statement it extending the acceptance period to February 29. At present, owners of 68.6 per cent of shares had accepted the offer, it added. "Following settlement of the options, Borse Dubai is expected to hold in aggregate 117,773,056 shares in OMX, representing approximately 97.6 per cent of the total number of shares and votes in OMX," it said in a statement.

Borse Dubai has teamed up with US exchange Nasdaq to buy OMX for 265 crowns per share, after which it plans to transfer the company to Nasdaq in exchange for a stake in the combined group.  (Reuters)