Swiss stock exchange operator SIX announces the acquisition of Aquis Exchange for 207 million pounds, a strategic transaction aimed at strengthening its activities in Europe.
Swiss stock exchange operator SIX announces the acquisition of Aquis Exchange, a British stock exchange services provider, for an enterprise value of 207 million pounds, according to Reuters. This operation aims to consolidate SIX’s position in Europe.
Founded in 2012, Aquis Exchange operates across several key sectors, including through a pan-European multilateral trading platform for cash equities, covering 16 European markets. Aquis also offers licensed proprietary market infrastructure technologies, a listing market for UK growth companies and a variety of market data.
SIX sees this acquisition as a strategic opportunity to develop its activities beyond Switzerland and Spain. According to SIX, the integration of Aquis’ resources and expertise will complement its growth strategy, creating a pan-European exchange combining traditional primary market and multilateral trading platform (MFT) activities.
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