(AOF) – Borse Dubai announced the sale of nearly 27 million Nasdaq Inc shares at a price of $59, a discount of 5.5% compared to Tuesday’s closing price. Nasdaq is not offering any shares in the offering. Borse Dubai will receive 100% of the offering proceeds. Following this operation, the participation of the Dubai Stock Exchange will fall to 10.8%. Borse Dubai also granted the establishments in charge of the operation a 30-day option to purchase a little over 4 million additional Nasdaq shares.
If the option is exercised, the Dubai Stock Exchange’s stake will fall to 10.1%.
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