Borse Dubai, the largest shareholder in Nasdaq OMX, backed the exchange's unsolicited $11.3 billion bid for NYSE Euronext, its chairman said on Friday.
Effa Kazin, when asked whether the Dubai-based holding company that has an approximately 29 percent stake in Nasdaq OMX was in favour of the bid, told Reuters: "Yes we are supportive."
He declined any further comment on the offer.
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