Source: Fintech Global
Deutsche Börse Group AG has revealed that it has received final regulatory approval for its public takeover of the Danish SimCorp A/S.
The Frankfurt-based company gained the approval from the European Commission on August 23, to draw a four month wait for regulatory approval to a close, following the initial €3.9b ($4.31b) takeover offer for the Danish investment management software company, in April, earlier this year.
Deutsche Börse affirms that the offer period for the cash offer expires on September 19 2023 at 23:59 (CEST) but remains subject to a minimum acceptance level of 50 per cent plus one share of all SimCorp shares…
Read full article: https://fintech.global/2023/08/25/deutsche-borse-receives-final-regulatory-approval-for-public-takeover-of-simcorp/
