Qatar has filed for regulatory approval to take a bigger stake in Nordic stock
exchange OMX and said it was considering taking over the bourse, raising the prospect
of a bidding war with Borse Dubai and its partner Nasdaq.
Qatar Investment Authority (QIA) already claims a 9.98 per cent stake in OMX,
just below the 10 per cent threshold at which the regulator must approve ownership.
prime minister Sheikh Hamad bin Jassim bin Jabr al-Thani, who also heads the QIA,
said raising the stakes further was a serious possibility, though fraught with
cannot say yes or no now but we are thinking about this seriously and ... you
know there are a lot of complications in it but yes we are looking," he told
started acquiring stock in the Nordic and Baltic exchange owner just after Borse
Dubai and US exchange Nasdaq announced they were teaming up to buy OMX.