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 2023. The only relevant condition is that the total number of tendered shares will amount to at least 50% of the voting rights plus 1 share.
The price has immediately adjusted to the price offer.