Two rival stock exchange operators are battling it out to buy Spanish bourse Bolsas y Mercados Espanoles (BME). In a sign of the consolidation efforts within Europe's financial exchanges sector, Euronext and Six Group have both revealed they have had talks to buy the Madrid-based national stock exchange . Swiss group Six has made a €2.8bn (£2.4bn) cash offer.

(c) 2019 City A.M., source Newspaper