HSBC to fund Borse Dubai

Published October 2nd, 2007


HSBC Holdings will lend up to US$5.7bn to Borse Dubai to help finance its bid for OMX and London Stock Exchange Group, reported Bloomberg. Per Larsson, Chief Executive Officer of Borse Dubai, said his firm will decide how much it will borrow once Swedish regulators have ruled on its OMX takeover offer. [AMEInfo.com]



Related Articles
Borse Dubai gets extension
Dubai bid deemed ‘equal for all’
Details emerge on OMX deal
Borse Dubai will respond to offers
HSBC plans brokerage firm