Aquis Stock Market Acquired by Swiss SIX Group for £194m
The acquisition aims to expand Aquis's reach in Europe, providing a significant financial windfall for key shareholder Rich Ricci.
- The deal involves SIX Swiss Exchange Group purchasing Aquis for 727p per share, a 120% premium over its recent closing price.
- Rich Ricci, a major Aquis shareholder, is set to gain approximately £16 million from the sale.
- Aquis, founded in 2012, has grown significantly, listing companies like Adnams and Newbury Racecourse.
- The acquisition will help SIX serve customers in Switzerland, Spain, and internationally by leveraging Aquis's infrastructure.
- Alasdair Haynes, Aquis CEO, emphasizes the deal's potential to accelerate their European market presence while maintaining innovation.