|
|
| |
 |
|
| |
|
|
| |
|
|
| |
| |
| :
: UAE FreeZone Newsletter - Issue 41 -
August 2007 |
| |
|
| Dubai eyeing London Stock Exchange |
| Dubai has hopes of building a significant stake in the London Stock Exchange (LSE), according to a UK newspaper report. |
 |
The Mail has reported state-owned Borse Dubai had identified London as part a wider strategy to take a position across a number of European stock exchanges.
"Dubai wants to become a real figure on the world's financial stage," a source close to Borse Dubai told the newspaper.
"They see buying strategic stakes in exchanges around the world as one way of getting to the top table."
Dubai has already built a stake in Scandinavian exchange owner OMX - the subject of an agreed $3.7 billion bid from US exchange Nasdaq - and is rumoured to be planning a full takeover of the Swedish company.
Borse Dubai and the LSE held talks in March and April this year about Dubai buying a large stake in the London market, according to the Mail on Sunday.
The talks reportedly ended without any deal, but Dubai is still very interested in owning part of the LSE, the sources said.
Dubai also purchased a 1.27% stake in Paris-based stock exchange group Euronext last year. |
| |
|
|
|
| |
|
|
| |
Courtesy ITP Digital
|
|
| |
|
|
| |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
|
|
Hot
properties in UAE - Freehold |
|
|
| |
 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
