SWX to become limited company in IPO-friendly move

SWX, the Swiss stock exchange, is transforming its legal structure into a limited partnership, in a move which could aid its eventual flotation.

Leo Hug, a spokesman for SWX, dismissed newspaper reports that the company had appointed financial advisers for the deal. He said: &quotWe work with our own people, in-house lawyers.&quot

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire