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Friday, 26.04.2024, 20:03
NASDAQ OMX became the sole proprietor of the Tallinn Stock Exchange
Juhan Tere, BC, Tallinn, 12.03.2010.
Print version
Print versionNASDAQ OMX Nordic reported on Friday that it purchase the 6.97% minority shareholding in NASDAQ OMX Tallinn AS from Gild Holdings, writes LETA/Äripäev.ee. With this transaction, NASDAQ OMX Group became the sole owner of the Tallinn Stock Exchange.
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“In November 2009, NASDAQ OMX started full integration of the Baltic stock exchanges into the group,” commented the Vice President of NASDAQ OMX Henrik Elfving. “I am glad that we have reached the desired goal in Tallinn and thus are demonstrating our dedication in the Baltic region and indicate that we will contribute to the development of capital markets in the region,” he added.
According to Elfving, the company will continue taking strategic steps in order to became the sole owner of all three Baltic stock exchanges.
As a result of the transaction reported on Friday, NASDAQ OMX Nordic owns 100% of the subsidiary NASDAQ OMX Tallinn, 92.98% of NASDAQ OMX Riga and 95.12% of NADDAQ OMX Vilnius.
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