We advised Borse Dubai on the offering

Davis Polk advised Borse Dubai Limited in connection with the $1.8 billion SEC-registered secondary offering of 31,000,000 shares of Nasdaq Inc. common stock by Borse Dubai. Nasdaq’s common stock is traded on the Nasdaq Global Select Market under the symbol “NDAQ.”

Borse Dubai was established in 2007 with the mandate of expanding Dubai’s leadership in the financial markets sector. Borse Dubai is the holding company of Dubai Financial Market (DFM) and Nasdaq Dubai and holds a minority stake in Nasdaq, Inc. Borse Dubai is owned by Investment Corporation of Dubai, which is the principal investment arm of the Government of Dubai.

Nasdaq is a leading global technology company serving corporate clients, investment managers, banks, brokers and exchange operators as they navigate and interact with the global capital markets and the broader financial system. It aspires to deliver world-leading platforms that improve the liquidity, transparency and integrity of the global economy. Its diverse offering of data, analytics, software, exchange capabilities and client-centric services enables clients to optimize and execute their business vision with confidence.

The Davis Polk capital markets team included partners Yasin Keshvargar and Michael Kaplan and associate David Li.  All members of the Davis Polk team are based in the New York office.

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