Mr Market Miscalculates

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Mr Market Miscalculates
Mr Market Miscalculates
SimCorp: Quick update

SimCorp: Quick update

Offer from Deutsche Börse

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Mr Market Miscalculates
May 02, 2023
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Mr Market Miscalculates
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SimCorp: Quick update
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On April 27, SimCorp announced that Deutsche Börse has offered to acquire the company for DKK 735 all-cash (a 39% premium to the previous day), valuing the company at the equivalent of €3.9 billion.

The Board of Directors of SimCorp has unanimously decided that it intends to recommend shareholders to accept the offer, which is expected to close in Q3 20…

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