SIX Group AG has announced that it has reached agreement with Deutsche Börse AG to sell its equity interest in STOXX AG and Indexium AG at CHF 650 million. SIX Group, which owns SIX Swiss Exchange, retains control of all its Swiss equity indices, including the blue chip Swiss Market Index and the broader Swiss Performance Index. STOXX AG and Indexium AG have previously been operated as joint ventures by SIX Group AG and Deutsche Börse AG. SIX has had an equity interest of 49.9% in STOXX AG and 50.1% in Indexium AG. Closing of the transaction is expected to occur by the end of July 2015. Stoxx calculates some of Europe’s most heavily traded equity indices. Indexium is the IT platform that has been developed to underpin it.

The Homburger team was led by partner David Oser (Corporate | M&A) and included partner Reto Heuberger (Tax) and associate Karin Mattle (Corporate | M&A).