The Week on Wall Street: Speed Bump
Nasdaq Stock Market said it would acquire Sweden's OMX for $3.67 billion, giving the electronic exchange entrance to Europe. OMX, which operates exchanges in seven Nordic countries, will become the world's second transatlantic exchange after the New York Stock Exchange's acquisition of Paris-based Euronext earlier this year.
Coca-Cola agreed to buy privately held Glaceau in a cash deal valued at $4.1 billion. Glaceau sells various "enhanced water" products including Vitaminwater and Smartwater. The transaction is expected to boost Coke's earnings per share in the first full year following completion of the acquisition.
Peter Kang is a news writer for CNBC.com. He can be reached at firstname.lastname@example.org.