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Deutsche Börse With 3 9 Billion Euro All-Cash Takeover Offer for SimCorp | Fintech Schweiz Digital Finance News – FintechNewsCH

SimCorp A/S entered into an agreement to which Deutsche Börse AG will make an all cash voluntary public takeover offer, valuing the issued capital of SimCorp at EUR 3.9B.

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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