NDAQ » Topics » Proposed Acquisition of Certain Businesses from Nord Pool ASA

This excerpt taken from the NDAQ 10-Q filed Aug 8, 2008.

Proposed Acquisition of Certain Businesses from Nord Pool ASA

On February 22, 2008, OMX entered into a definitive agreement to acquire certain businesses from Nord Pool for $410.5 million, of which $322.1 million would be comprised of cash funded by our Credit Agreement and $88.4 million would be in the form of a vendor note due to the current owners of Nord Pool within 18 months of closing. The acquisition is subject to customary closing conditions and regulatory approvals. NASDAQ OMX may also be obligated to pay further earn-out payments of $157.4 million, based on volume over a five-year period. Through this transaction, NASDAQ OMX will acquire Nord Pool’s clearing and consulting operations and international products business, including carbon dioxide products and international power contracts. We expect this acquisition to close in the second half of 2008.

This excerpt taken from the NDAQ 10-Q filed May 9, 2008.

Proposed Acquisition of Certain Businesses from Nord Pool ASA

On February 22, 2008, OMX entered into a definitive agreement to acquire certain businesses from Nord Pool for $410.6 million, of which $322.1 million would be cash funded by our Credit Agreement and $88.5 million would be in the form of a vendor note due to the current owners of Nord Pool within 18 months of closing. The acquisition is subject to customary closing conditions and regulatory approvals. NASDAQ OMX may also be obligated to pay further earn-out payments of $157.4 million, based on volume over a five-year period. Through this transaction, NASDAQ OMX will acquire Nord Pool’s clearing and consulting operations and international products business, including carbon dioxide products and international power contracts. We expect this acquisition to close in the second half of 2008.

EXCERPTS ON THIS PAGE:

10-Q
Aug 8, 2008
10-Q
May 9, 2008
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