SIX Group to acquire Aquis Stock Exchange for £194m.

SIX Group, operator of a fully integrated exchange value chain, agreed to acquire Aquis Stock Exchange, a UK-based stock market providing primary and secondary markets for equity and debt products, for £194m. SIX considers an acquisition of Aquis to be a compelling strategic opportunity which will complement its established growth strategy and is aligned with its approach to capital allocation. SIX expects the acquisition of Aquis to strengthen its ability to serve customers in Switzerland, Spain and internationally with its reliable infrastructure services and seamless access to capital markets. It would also bring together the resources and capabilities of both businesses, and SIX expects both businesses to benefit from greater pan-European scale, driving growth opportunities beyond their respective home markets to the benefit of customers and market participants.