Latham Advises BME Board on the All-Cash Tender Offer by SIX Group AG

Latham & Watkins is advising Bolsas y Mercados Españoles’ (BME) Board of Directors on the all-cash voluntary friendly tender offer by SIX Group AG, the Swiss financial markets infrastructure operator, for 100% of the share capital of BME for EUR 34.00 per share, implying a total equity value of EUR 2,843 million.

The Offer will be subject to the following conditions and requirements: minimum acceptance level of at least 50% plus one share of BME’s share capital; authorization of the transaction or non-opposition by the Spanish National Commission on Markets and Competition (CNMC) and the Spanish Securities Exchange Commission (CNMV); and approval from the Spanish Government.

The Latham & Watkins team is led by Madrid corporate partner Ignacio Gómez-Sancha and counsel Luis Lozano.