Billion-dollar offer accepted – SIX Spanish stock exchange, may.final of the biggest acquisition in the company’s take on history: The Swiss stock exchange makes a huge step forward, and three in Europe to number 0 KommentareSIX buys the Spanish stock exchanges and financial market infrastructure group Bolsas y Mercados Españoles on.Photo: Angel Navarrete/

The SIX Swiss exchange assumes 93,16 percent of the shares of the Spanish stock exchanges and financial market infrastructure group Bolsas y Mercados Españoles (BME), and is thus, in terms of sales to become the third largest stock exchange infrastructure operator in Europe.

a Total of SIX were 77.9 million shares at a price of 32,98 euros. This corresponds to the SIX announced a total value of 2.75 billion Swiss francs, as on Thursday. For the SIX, the transaction is the largest acquisition in the company’s history. The transaction was previously announced in November 2019, and the offer for the BME in March 2020 of the Spanish securities market Commission approved.

According to the settlement will take on the Swiss stock exchange operator control of the BME. The previous Position of the BME in Spain, should not only preserved, but even strengthened. From the merger of SIX and BME, a “more diversified group with a strong presence in Europe arise”.

The BME is now in Swiss hands.EPA/Angel Diaz

Worldwide the SIX for the number Ten will. With a credit rating of “A+” by Standard & Poor’s, it was capitalised as “very good” and had sufficient access to Finance to transaction Finance, such as provided bar.

No job cuts planned

the head of The stock exchange operator SIX, Jos Dijsselhof, expects synergies from the merger. It would certainly be degraded in duplication, he said in a telephone conference. This could also lead to changes in the Set.

It is planned, in principle, removal no job. “Overall, I anticipate that the targeted growth is more likely to have a positive impact on employment,” said the SIX-in-chief.

(SDA)

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