November 18, 2019 / 8:11 AM / 23 days ago

Switzerland's SIX Group makes 2.84 billion euro takeover bid for Spain's BME

FILE PHOTO: A logo logo is seen at the seat of Swiss stock exchange operator SIX Group in Zurich, Switzerland June 17, 2019. Picture taken June 17, 2019. REUTERS/Arnd Wiegmann

ZURICH (Reuters) - Swiss stock exchange operator SIX Group AG has offered to buy Spanish bourse BME (BME.MC) in a deal valued at 2.843 billion euros ($3.13 billion), it said on Monday.

SIX Group said its 34 euro per share offer reflects a 33.9% premium over the last closing price. SIX said it expects the transaction to be completed in the first half of 2020.

Reporting by John Miller, editing by John Revill

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