International exchange operator Euronext NV (EUXTF) is in talks with Spanish BME exploring a takeover. BME is short for Bolsas y Mercados Españoles Sociedad Holding de Mercados y Sistemas Financieros S.A. (BOLYY) (SOHMF). The company operates the Madrid stock exchange. With an offer made by Swiss SIX Group, now a second contender willing to acquire BME emerges.
SIX offers €34 per share, thus valuing the company at €2.84 billion. This represents a premium of about 34 percent on the stock price before the news of the offer broke. Euronext will most likely have to at