Press release
31 January 2008
Ministry of Finance
Swedish State accepts offer for OMX
Borse Dubai has issued a tender offer to all shareholders in OMX. The Swedish State owns 6.6 percent of the shares in OMX. The board of directors of OMX has unanimously recommended that shareholders accept the offer, taking into account the agreed, subsequent acquisition of the OMX shares by Nasdaq.
The Government today assigned Mats Odell, Minister for Local Government and Financial Markets, to accept the offer from Borse Dubai on behalf of the Swedish State.
The Government has made an overall evaluation of the price and other terms as well as the consequences of the combination on the Swedish capital market. In making its evaluation, the Government has taken into consideration the report from the Financial Markets Advisory Committee, statements from the Council for the Sale of Shares in State-owned Companies and the appraisal of the Government's financial adviser, Lazard.
"I am very pleased that Borse Dubai and Nasdaq have recognized the potential of Stockholm as a financial hub and the importance of the Nordic securities market. Just as importantly, this combination improves opportunities for listed companies and individual investors," says Mats Odell, who adds that the Swedish State will receive SEK 2.1 billion through the sale, of which more than SEK 1 billion is a capital gain.
Contact
Mia WidellPress Secretary to Mats Odell
+46 8 405 17 21
+46 70 353 49 66
email to Mia Widell, via the Senior registry clerk
