Trading

SIX deal for Aquis a ‘vote of confidence’ in the UK

City grandees say Swiss takeover and UK reforms are set to boost the growth exchange

Investors are ‘excited’ about the European exchange giant’s backing for the UK bourse, QCA head James Ashton said
Investors are ‘excited’ about the European exchange giant’s backing for the UK bourse, QCA head James Ashton said

SIX’s acquisition of Aquis shows international investors are still willing to back the UK, the head of the Quoted Companies Alliance has said.

The Swiss exchange offered £225m for the UK small cap venue in November. While some saw the takeover as another blow for a home-grown businesses heading into foreign ownership, others have said a wealthier parent can help grow the exchange and arrest a drought in the City’s capital markets.

WSJ Logo