Asset Managers

Deutsche Börse offers €3.9 billion for data firm SimCorp  

SimCorp's head office in Copenhagen. Photo: Wikimedia CC-BY-2.0.

Deutsche Börse AG on Thursday made an offer of 3.9 billion euro in cash for Danish investment software and data provider SimCorp A/S. The offer is endorsed by SimCorp's board.

The German stock exchange said it plans to integrate SimCorp into its existing data and analytics business and that the acquisition will allow the creation of a “full scope” front-to-back investment management solutions segment. 

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