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Nasdaq Nordic
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===NASDAQ takeover=== [[File:NASDAQ OMX Group.svg|thumb|Former logo used from 1971 to 2014, with Nasdaq logo added in 2007]] On 25 May 2007, American stock exchange [[NASDAQ]] agreed to buy OMX for US$3.7 billion.<ref>{{cite news |title=Nasdaq bids $3.7bn for Nordic OMX |url=http://news.bbc.co.uk/1/hi/business/6690419.stm |work=[[BBC News]] |date=25 May 2007 |access-date=29 February 2008 |url-status=live |archive-url=https://web.archive.org/web/20071004024503/http://news.bbc.co.uk/1/hi/business/6690419.stm |archive-date=4 October 2007}}</ref> In August, however, [[Borse Dubai]] offered US$4 billion, prompting speculation of a [[bidding war]].<ref>{{cite news |title=Dubai in $4bn bid for Nordic OMX |url=http://news.bbc.co.uk/2/hi/business/6951878.stm |work=[[BBC News]] |date=17 August 2007 |access-date=29 February 2008 |url-status=live |archive-url=https://web.archive.org/web/20081123070525/http://news.bbc.co.uk/2/hi/business/6951878.stm |archive-date=23 November 2008}}</ref> On 20 September 2007, Borse Dubai agreed to stop competing to buy OMX in return for a 20% stake and 5 percent of votes in NASDAQ, as well as NASDAQ's then-28% stake in the [[London Stock Exchange Group|London Stock Exchange]].<ref>{{cite news |last=Magnusson |first=Niklas |author2=McSheehy, Will |title=Dubai to Buy Stakes in Nasdaq, LSE; Strikes OMX Deal |url=https://www.bloomberg.com/apps/news?pid=20601087&sid=aqzGAS7oAezg |work=[[Bloomberg L.P.|Bloomberg]] |date=20 September 2007 |access-date=29 February 2008 |url-status=live |archive-url=https://web.archive.org/web/20080116135127/http://www.bloomberg.com/apps/news?pid=20601087 |archive-date=16 January 2008}}</ref> In a complex transaction, Borse Dubai acquired 97.2% of OMX's outstanding shares before selling them to NASDAQ.<ref>{{cite news |title= Borse Dubai completes planned sale of OMX to Nasdaq |url= http://www.iht.com/articles/ap/2008/02/27/business/EU-FIN-Sweden-Borse-Dubai-OMX.php |agency= [[Associated Press]]|work= [[International Herald Tribune]] |date=27 September 2007 |access-date=29 February 2008}}</ref> The newly merged company was renamed the NASDAQ OMX Group<ref>{{cite web |last1=Grant |first1=Jeremy |title=Nasdaq OMX launches new equity platform |url=https://www.ft.com/content/eb6f9f68-f5a5-11dc-8d3d-000077b07658 |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/eb6f9f68-f5a5-11dc-8d3d-000077b07658 |archive-date=10 December 2022 |url-access=subscription |url-status=live |website=ft.com |access-date=12 September 2021 |date=19 March 2008}}</ref> upon completion of the deal on 27 February 2008.<ref>{{cite web |last1=Cameron |first1=Doug |title=Nasdaq OMX Takes a Rest After String of Mergers. Exchange's Focus Reaching Synergies But Hands are Full |url=https://www.wsj.com/articles/SB121918367696354633 |website=wsj.com |access-date=12 September 2021 |date=20 August 2008}}</ref>
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