Spanish competition watchdog gives preliminary approval to BME-SIX merger

Industry: Financial services 2020-02-14

Spain’s competition watchdog on Thursday gave a preliminary green light to Swiss exchange operator SIX’s 2.84 billion euro ($3.1 billion) offer for Madrid bourse BME to go ahead.

After SIX made its friendly offer in November, pan-European stock market operator Euronext said it was considering whether to launch a counter-bid.

Source: Reuters.com

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