Flash: Qatar takes 20% interest in London Stock Exchange

Posted Sep 20th 2007 6:57AM by Douglas McIntyreDouglas McIntyre RSS Feed

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According to MarketWatch the Qatar Investment Authority said it's taken a 20% stake in the London Stock Exchange hours after Borse Dubai said it was buying 28% of the LSE from the Nasdaq Stock Market. Qatar is also trying to buy the Swedish OMX. Nasdaq and Dubai have already teamed up to takeover the OMX.

Douglas A. McIntyre is a partner at 247wallst.com.

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Last updated: February 10, 2010: 02:44 AM

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