Tallinn exchange buyout

TALLINN — NASDAQ OMX announced on Feb.12 that the company purchased 6.97 percent minority stake in NASDAQ OMX Tallinn from Gild Holdings AS.

The purchase is part of NASDAQ OMX’s plan to acquire full ownership of all its daughter companies in the Baltics, announced in Nov. 2009. NASDAQ OMX owns 92.98 percent of the shares in [private_supervisor]NASDAQ OMX Riga and 95.12 percent of the shares in NASDAQ OMX Vilnius.

“I am pleased that we have now concluded the process in Tallinn, thereby showing our commitment to this region and to developing the Baltic capital markets. We continue to execute our strategy to acquire full ownership in all the three Baltic exchanges,” Henrik Elfving, vice president of NASDAQ OMX said in a statement to the press.

Tex Vertmann, media and marketing director of NASDAQ OMX Tallinn told Baltic Reports that the amount of the purchase cannot be published according to the agreement with the buyers. [/private_supervisor] [private_subscription 1 month]NASDAQ OMX Riga and 95.12 percent of the shares in NASDAQ OMX Vilnius.

“I am pleased that we have now concluded the process in Tallinn, thereby showing our commitment to this region and to developing the Baltic capital markets. We continue to execute our strategy to acquire full ownership in all the three Baltic exchanges,” Henrik Elfving, vice president of NASDAQ OMX said in a statement to the press.

Tex Vertmann, media and marketing director of NASDAQ OMX Tallinn told Baltic Reports that the amount of the purchase cannot be published according to the agreement with the buyers. [/private_subscription 1 month] [private_subscription 4 months]NASDAQ OMX Riga and 95.12 percent of the shares in NASDAQ OMX Vilnius.

“I am pleased that we have now concluded the process in Tallinn, thereby showing our commitment to this region and to developing the Baltic capital markets. We continue to execute our strategy to acquire full ownership in all the three Baltic exchanges,” Henrik Elfving, vice president of NASDAQ OMX said in a statement to the press.

Tex Vertmann, media and marketing director of NASDAQ OMX Tallinn told Baltic Reports that the amount of the purchase cannot be published according to the agreement with the buyers. [/private_subscription 4 months] [private_subscription 1 year]NASDAQ OMX Riga and 95.12 percent of the shares in NASDAQ OMX Vilnius.

“I am pleased that we have now concluded the process in Tallinn, thereby showing our commitment to this region and to developing the Baltic capital markets. We continue to execute our strategy to acquire full ownership in all the three Baltic exchanges,” Henrik Elfving, vice president of NASDAQ OMX said in a statement to the press.

Tex Vertmann, media and marketing director of NASDAQ OMX Tallinn told Baltic Reports that the amount of the purchase cannot be published according to the agreement with the buyers. [/private_subscription 4 months] [private_subscription 1 year]NASDAQ OMX Riga and 95.12 percent of the shares in NASDAQ OMX Vilnius.

“I am pleased that we have now concluded the process in Tallinn, thereby showing our commitment to this region and to developing the Baltic capital markets. We continue to execute our strategy to acquire full ownership in all the three Baltic exchanges,” Henrik Elfving, vice president of NASDAQ OMX said in a statement to the press.

Tex Vertmann, media and marketing director of NASDAQ OMX Tallinn told Baltic Reports that the amount of the purchase cannot be published according to the agreement with the buyers.[/private_subscription 1 year]

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