The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Olof Stenhammar

       
Stenhammer


The outcome of OM Gruppen's bid to take over the London Stock Exchange remained uncertain as Euromoney went to press, but OM's dynamic founder and chairman, Olof Stenhammar, remained characteristically resolute. "We will go on until the last day [the 60-day bid timetable ends on November 10]," he reported from his car phone between meetings. "We think we have a good case and we will continue to preach its virtues."


Stenhammar gave up the role of chief executive of OM in 1996 in order to lead Stockholm's bid to host the 2004 Olympic Games - as well as to give himself more time on his farm and on his boat. However he still owns a 30% stake and has remained consistently vociferous in extolling OM's virtues, never more so than in the present increasingly bitter Fight for the LSE. The LSE's robust defence document has sought to undermine OM's reputation for technological leadership, questioning its capacity to deliver projects on time.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree