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| | Finextra: OMX and Copenhagen Stock Exchange to merge |
 | | Under the deal, OMX will acquire all outstanding CSE shares, which it says have a total value of Dkr1,220 million, including net cash of DKr258 million as of September 30 2004. |
 | | OMX says the merger is expected to create annual pre-tax cost savings of around Dkr25 million to have full effect within three years, but with the major part having effect within two years. |
 | | OMX says the move is supported by several of the largest CSE shareholders, including Danske Bank, Nordea, Sydbank, Amagerbanken, Alfred Berg, Nykredit, RealDanmark, BRFkredit and TDC, which together represent more than 50% of the outstanding shares of CSE. |
| www.finextra.com /fullstory.asp?id=12847 (327 words) |
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