Spanish regulators approve $2.8bn SIX takeover bid for BME
Mar26

Spanish regulators approve $2.8bn SIX takeover bid for BME

SIX Group has been given authorisation from the National Securities Market Commission (CNMV) in Spain to offer a $2.8 billion all-cash takeover of Bolsas y Mercados Españoles (BME), operator of the Spanish stock exchanges. The offer, which has a 43-day window for acceptance, is an all-cash voluntary tender for 100% of the share capital of BME. Valuing each BME share at €33.40, the deal implies a total equity value of €2.8 billion. The...

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