Swiss Bourse to take over Spanish stock exchange

Ridhima Sharma
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Swiss Bourse to take over Spanish stock exchange

Swiss financial markets infrastructure operator SIX, has announced that it intends to make an all-cash voluntary tender offer for Bolsas y Mercados Españoles (BME), operator of the Spanish stock exchanges and cornerstone of the Spanish markets, to create the 3rd-largest European financial market infrastructure group. The combination of BME and SIX, both of which are leaders in their domestic financial markets, would create a diversified group with a strong presence across Europe. In add...

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