(Finance) – Following approval by the Danish Financial Supervisory Authority, Deutsche Borsa has published the offer document pursuant to which it proposes a takeover bid (OPA) voluntary all in cash for the acquisition of all shares in SimCorp at a price of DKK 735 per share. The announcement of the operation had arrived on April 27th.
Completion of the offer is subject to the satisfaction of certain customary conditions, including the receipt by Deutsche Borse of all necessary regulatory approvals and a minimum acceptance level of 50% plus one share of the share capital and rights of SimCorp vote. The transaction expected to be completed in the third quarter of this year.
(Photo: Video Media Studio Europe)