After a record year, Deutsche Borse is inviting its shareholders to exchange views this Tuesday . The annual general meeting of the Dax group will again be hosted online. By amending the Articles of. | May 16, 2023
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.
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<li>Deutsche Börse 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 </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 </li>
<li>In parallel to