Nasdaq has received commitment from two of the leading Banks in US, JPMorgan Chase and the Bank of America for funding $2.2 billion USD which will be used by NASDAQ to acquire Nordic market operator OMX. After acquiring OMX, NASDAQ is likely to focus on acquiring Philadelphia Stock Exchange for $652 million and the Boston Stock Exchange for $61 million. The OMX deal has been jointly struck by NASDAQ along with Borse Dubai for a cash consideration of USD 4.9 Billion.

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