Trading in OMX suspended
The Local · 24 May 2007, 17:37
Published: 24 May 2007 17:37 GMT+02:00
Trading in Swedish stock exchange owner OMX was suspended on Thursday. The company said in a statement that it was suspending trading in its own shares until further notice. A statement from the company will be released before trading opens on Friday morning.
The website of Swedish business newspaper Dagens Industri claims to have received information indicating that the London Stock Exchange (LSE) has made an offer for the company. The paper reports rumours from London that LSE has bid 190 kronor per share for the company, which owns stock exchanges across Scandinavia and the Baltic region.
US exchange operator Nasdaq, which itself has tried on a number of occasions to take over LSE, is also rumoured to be interested in bidding for OMX. None of the three companies have so far commented on the speculation.
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