Trading

SIX buys Aquis in £225m deal

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

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.

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