03
September
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Swiss group SIX to buy out Clearstream stake in REGIS-TR trade repository By Reuters
in News
ZURICH (Reuters) – Swiss financial infrastructure group SIX will acquire a 50% stake in European trade repository REGIS-TR from joint venture partner Clearstream, SIX said in a statement https://www.six-group.com/en/newsroom/media-releases/2021/20210903-six-acquires-regis-tr.html on Friday, giving no financial terms for the deal.
“The transaction is expected to close in the first half of 2022. The acquisition allows for a full consolidation and integration of the REGIS-TR business within SIX,” it said.
The joint venture between BME’s Iberclear and Deutsche Boerse (DE:DB1Gn)’s Clearstream was founded in 2010 and processed more than 3.2 billion trade messages in 2020, SIX said.