What’s up with OMX/Borse Dubai?
Tuesday, September 18th, 2007There is a lot of turbulence going on in the stockmarket. The most turbulent can be seen with Borse Dubai’s possible take-over of OMX.
OMX is resistant and treats the take-over as hostile, since OMX would prefer to be partnered up with NASDAQ.
Sometimes it can be wise to skip the short-term protect-your-own-sphere perspective, and change to a long-term co operate-with-potential-partners perspective.
The key to a potential solution could easily be found if the three parties accepted the fact that it is better to cooperate than end up in what you could call an expensive massmedia dead-lock, as the situation is per now. The form of cooperation could be a more substantial cross owning of each other’s shares. This would give the parties a chance to become better acquainted in order to explore the joint venture before a potential merger.