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Research and Markets: Europe Legal Services Industry Research Report 2023: Weakened Demand for Legal Services Dent Revenue

Research and Markets: Europe Legal Services Industry Research Report 2023: Weakened Demand for Legal Services Dent Revenue
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Private equity activity in the pharmaceutical industry in Germany increased in 2023

Deutsche Börse Ag Announces Recommended All-Cash Takeover Offer For SimCorp A/S, Intends To Combine Qontigo And ISS And Create New Investment Management Solutions Segment

<ul class="rte list"> <li>Deutsche B&ouml;rse AG to launch an all-cash voluntary recommended public takeover offer for all shares (except treasury shares) in SimCorp A/S for DKK 735.0 per share in an all debt-financed transaction, valuing SimCorp A/S at EUR 3.9 billion</li> <li>The offer price represents a 38.9 per cent premium and a 45.3 per cent premium over the closing price of DKK 529.0 and the 3-months volume-weighted average price of DKK 505.7 as of 26 April 2023, respectively</li> <li>The Board of Directors of SimCorp A/S has unanimously decided that it intends to recommend the shareholders of SimCorp A/S to accept the offer when it is published&nbsp;</li> <li>The transaction is expected to be mid-single digit cash earnings per share accretive in the first year after completion based on the expected annual run rate synergies&nbsp;</li> <li>In parallel to

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