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OMX to Buy Armenian Stock Exchange and Central Depositary

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  • OMX to Buy Armenian Stock Exchange and Central Depositary

    OMX TO BUY ARMENIAN STOCK EXCHANGE AND CENTRAL DEPOSITARY

    Panorama.am
    20:21 27/04/2007

    OMX, leading expert in exchange industry, Armenian Central bank
    and the government of Armenia signed an memorandum of intention
    on purchase of the Armenian stock exchange and central depositary,
    CB press services report.

    According to the source, Magnus Bioker, chief general director of
    OMX, said the purchase will enable OMX to apply its experience in
    developing markets in other markets as well. "OMX will help Armenian
    stock market to achieve effectiveness," he said.

    Armenian Prime Minister Serzh Sargsyan welcomed the cooperation with
    OMX saying "we will do everything to help OMX implement mutually
    set objectives."

    Source: Panorama.am
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