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February 2007

Exchanges: Balkan bourse M&A activity hots ups

OMX bids for Slovenian stock exchange.


Nasdaq’s multi-billion dollar takeover battle for the London Stock Exchange is grabbing the financial headlines in the UK but in the former Yugoslavia the focus is firmly on OMX’s rather more modest bid for control of the Ljubljana Stock Exchange (LJSE) in Slovenia.

OMX, the Stockholm-headquartered exchange and technology company that operates seven bourses in the Nordic and Baltic region under the Nordic Exchange marketing banner, is looking to move into uncharted territory with a bid of €125.19 per LJSE share, which would value the Slovenian...


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