Frankfurt-headquartered exchange pays €295 million ($390 million) and 5.3 million shares to Six Swiss Exchange.
Deutsche Börse Group has completed the acquisition of derivatives exchange Eurex Zürich, almost 12 months after the transaction agreement in June last year.
SIX Swiss Exchange/SIX Group will receive €295 million ($390 million) and approximately 5.3 million Deutsche Börse shares as part of the deal.
Reto Francioni, CEO of Deutsche Börse, says the acquisition will enable Eurex to grow more “sustainably and dynamically."
More from Sell Side Technology
Updating your subscription status
CALL-FOR-ENTRY NOW OPEN
Call-for-entry is now open for the 2nd annual Sell-Side Technology Awards 2014, which take place in New York on April 15. For more details of the criteria across the 24 award categories that recognize the leading technologies and third-party vendors in their area of expertise click here.
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....
We have truly entered the Age of Bring Your Own Device, or BYOD. And as with every new era fuelled by innovation, the new challenges are screaming for...