Dubai Buys 20 Percent of Nasdaq Stock Market

Stockholm, Sweden - The Nasdaq Stock Market is selling a nearly 20 percent stake to Borse Dubai and is taking control of the Nordic exchange operator OMX as part of a sweeping settlement of their battle for control of OMX.

In a global stock market shakeup, Borse Dubai and a group from Qatar also moved to become the largest stakeholders in the London Stock Exchange.

But the transactions involving Dubai and Nasdaq could face scrutiny in the United States, where a Dubai-owned company’s plan to manage some U.S. ports previously raised an uproar.