Two Firms Take Roles on Multibillion-Pound Stock Exchange Takeover
Spanish stock exchange operator Bolsas y Mercados Españoles is being acquired by a Swiss rival.
November 20, 2019 at 04:08 AM
2 minute read
Latham & Watkins and Linklaters have scooped roles on the acquisition of a Spanish stock exchange operator by a Swiss rival, in a deal that values the company at about €2.8 billion ($3.1 billion).
Spanish group Bolsas y Mercados Españoles (BME) is being bought by Swiss entity SIX Group in an all-cash offer that would create the third-largest financial market infrastructure group in Europe, according to SIX's release.
Latham & Watkins' newly-appointed Madrid managing partner Ignacio Gómez-Sancha is leading the U.S. firm's team advising the board of BME on the proposed transaction.
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