Word: exchangee
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Not for everyone. The deal highlights the competition among the cash-rich gulf states for clout and glory. As Dubai was finalizing its plans to buy OMX and trade it for 20% of NASDAQ, Qatar suddenly triggered a potential new bidding war by swooping up a nearly 10% share of...
Or, to be more specific, buying it. In September another dizzying array of multibillion-dollar deals became public, notably Dubai's bid to acquire a 20% stake in NASDAQ, the high-volume New York City-based stock exchange known for its listing of star tech firms including Apple, Cisco Systems...
The early signs are that Dubai's NASDAQ deal will not meet the kind of congressional opposition--part security concerns, part xenophobia--that last year forced a Dubai entity, DP World, to sell its control of U.S. port operations. If the deal goes through, the government-controlled Borse Dubai would...
But PetroChina’s rise couldn’t have happened without the support of UBS, the prestigious Swiss bank. By acting as underwriter for PetroChina’s listing on the Shanghai stock exchange, UBS guaranteed that PetroChina’s initial public offering (IPO) would be a...
5:10, second quarter: The snap is FUMBLED, but the Crimson jumps on it. The center-to-quarterback exchange has been a persistent problem in recent weeks...