(Bloomberg) -- Nasdaq Inc.’s biggest shareholder, Borse Dubai, is selling roughly one third of its stake — or 27 million shares — in the exchange operator at...
-- Nasdaq Inc.’s biggest shareholder, Borse Dubai, is selling roughly one third of its stake — or 27 million shares — in the exchange operator at $59 each, which would raise as much as $1.6 billion.Real Estate Pain Is Showing Up in an Obscure Investment Product
“Today’s offering is being conducted to enhance the capital structure and liquidity within the Borse Dubai Group,” said Chief Executive Officer Essa Kazim. “We continue to be a long-term shareholder in Nasdaq and are invested in the success of the company.”
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