Deutsche Börse Makes a Bid to Buy SimCorp
Posted on 04/27/2023
Stock exchange operator Deutsche Börse AG announced a €3.9 billion takeover offer for Danish investment management software company SimCorp A/S. Stock exchanges are keen on diversifying their revenue. Deutsche Börse shares fell more than 6% after the German company announced the all-cash deal at 735 Danish crowns per share, which the target said its board…
