November 18, 2019 / 9:18 AM / 2 months ago

SIX bid for Spanish bourse focused on growth, not EU row - CEO

ZURICH (Reuters) - SIX Group’s 2.84 billion euro ($3.13 billion) offer for Spanish bourse operator BME (BME.MC) is not related to Switzerland’s fight with the European Union over stock market access but is aimed at growth, SIX’s Chief Executive said on Monday.

“SIX and BME have a vital role” to play in the ongoing financial consolidation, Jos Dijsselhof told a conference call. The transaction was “very much” about growing the revenues of both business, he added.

Reporting by John Revill, editing by Michael Shields

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