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Borse Dubai says to sell stake in LSE

Borse Dubai says to sell stake in LSE
Photo Credit: Arabianeye-Reuters
DFM
DFM
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Dubai – Mubasher: Borse Dubai announced on Thursday selling its 17.4% stake in the London Stock Exchange (LSE) in the form of a block sale, the holding firm said in a statement.

The holding company of the Dubai Financial Market (DFM) and NASDAQ Dubai said it appointed Bank of America Merrill Lynch, Barclays Bank and Nomura International to complete the sale.

Following the sale, Borse Dubai will not hold any shares in LSE.