Trading

SIX buys Aquis in £225m deal

Boards of the two exchanges agree takeover after several unsolicited proposals from SIX

Monday 11 November 2024 at 07:11

Swiss giant looks to broaden its European offering
Swiss giant looks to broaden its European offering Photo: Pascal Mora/Getty Images

Swiss exchange group SIX has launched a £225m bid for City bourse Aquis.

The 727p-per-share all-cash deal is a 120% premium to the closing price of Aquis shares on 8 November, Aquis said in a statement.