The Qatar Investment Authority's (QIA) planned $5.6bn acquisition of Nasdaq's 31% stake in the London Stock Exchange (LSE) will help the New York based exchange up its offer for Sweden's OMX, according to reports. Nasdaq is vying with Borse Dubai for the Nordic firm and the cash raised by the LSE sale could help it get nearer Dubai's $4bn cash offer; Nasdaq has offered $3.7bn in a cash and stock deal. [AMEInfo.com]



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Posted: 09|17|07 at 4:46 am. Filed under: News.