NASDAQ to come to Ukraine by merger

09:07, 31 May 2007
Ukraine
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The united stock exchange will get a name NASDAQ OMX Group

American NASDAQ stock exchange and the Scandinavian OMX announced about a merger, according to Rynok.biz. The united stock exchange will get a name NASDAQ OMX Group. The bargain price will make USD 3.7 bln.

The merger won`t change the group plans on entering Ukraine by buying a local market participant, among which OMX calls PFTS.

Stockjobbers predict that the presence of NASDAQ OMX Group in the Ukrainian market will strengthen a competition and make the stock exchanges get consolidated.

 

This news was monitored by the Action Ukraine Monitoring Service for the Action Ukraine Report (AUR), Morgan Williams, SigmaBleyzer, Editor.

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