Deal Ticker: Leonteq acquires a 10% stake in BX Swiss
The Boerse Stuttgart Group has sold a 10% stake in BX Swiss AG (‘Berner Börse’) to Leonteq AG (SIX: LEON). Through this transaction, BX Swiss AG joins forces with a strategic partner that will facilitate its access to local and global financial market participants. In return, Leonteq will gain access to the ecosystem of the Boerse Stuttgart Group, the sixth-largest exchange group in Europe with strategic pillars in the capital markets business as well as in the digital and crypto business.
Kellerhals Carrard (Co-Leads Patric Brand and Beat Brechbühl) provided comprehensive legal advice and support to the Boerse Stuttgart Group.
"We greatly appreciated the pragmatic support and sparring with Kellerhals Carrard," says Lucas Bruggeman, CEO of BX Swiss AG.