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Friday, November 13 - 2009

HSBC to finance Dubai bids

  • United Arab Emirates: Tuesday, October 02 - 2007 at 09:32

HSBC Holdings will lend up to US$5.7bn to Borse Dubai to help finance its bid for OMX and London Stock Exchange Group, reported Bloomberg. Per Larsson, Chief Executive Officer of Borse Dubai, said his firm will decide how much it will borrow once Swedish regulators have ruled on its OMX takeover offer.

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