Dubai’s ruler would be largest shareholder in merged TMX-LSE

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Rockie
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Dubai’s ruler would be largest shareholder in merged TMX-LSE

Post by Rockie »

Not good IMHO.

http://www.theglobeandmail.com/globe-in ... le1901468/
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flyinggreasemonkey
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Re: Dubai’s ruler would be largest shareholder in merged TMX

Post by flyinggreasemonkey »

11.3% ownership...whoopie doo...
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Panama Jack
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Re: Dubai’s ruler would be largest shareholder in merged TMX

Post by Panama Jack »

Yeah, I know the Emiratis are real pricks these days (or perhaps they always were) and Canadians are personnae non-grata in Abu Dhabi and Dubai. But I am not sure I understand why this is a bad thing. Could you indulge my curiosity?
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Rockie
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Re: Dubai’s ruler would be largest shareholder in merged TMX

Post by Rockie »

Influence.
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mcrit
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Re: Dubai’s ruler would be largest shareholder in merged TMX

Post by mcrit »

+1 for Rockie.
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Mr. North
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Re: Dubai’s ruler would be largest shareholder in merged TMX

Post by Mr. North »

Not only that but under the takeover (LSE will have 55% controlling interest) a portion of every single trade fee will go to the UAE (of a larger majority being exported out of Canada). Times are tough for sure but do we really need to sell off so many Canadian assets?

Keep the TSX and my investments in CANADA!
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bcflyer
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Re: Dubai’s ruler would be largest shareholder in merged TMX

Post by bcflyer »

I agree with Rockie. (wow thats a first for me! :D lol) He's hit the nail on the head!
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complexintentions
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Re: Dubai’s ruler would be largest shareholder in merged TMX

Post by complexintentions »

Panama Jack wrote:Yeah, I know the Emiratis are real pricks these days (or perhaps they always were) and Canadians are personnae non-grata in Abu Dhabi and Dubai. But I am not sure I understand why this is a bad thing. Could you indulge my curiosity?
Hey nice work, you answered your own question!! 8)
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