OMX to Acquire Armenian Exchange, Dealogic Hires Mitterando
OMX to Acquire Armenian Exchange
OMX Group, a Swedish exchange operator and technology provider; the Central Bank of Armenia; and the Government of Armenia have signed a letter of intent regarding OMX's acquisition of the Armenian Stock Exchange and the Central Depository of Armenia. The Armenian market is small, but OMX officials say there is the potential for growth due to the upcoming pension reform, changes to the legal framework and an increased focus on the equity market as a source of
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