Deutsche Börse Group AG has received final regulatory clearance for its public acquisition of Danish company SimCorp A/S. The European Commission granted approval on August 23, concluding a four-month wait since the initial €3.9 billion ($4.31 billion) takeover bid made in April this year. The cash offer, set to expire on September 19, 2023 at 23:59 (CEST), requires a minimum acceptance level of 50% plus one share of all SimCorp shares. Shareholders of SimCorp who haven’t accepted the offer yet are advised to do so well in advance of the September 19 deadline. Institutional investors might have earlier submission deadlines. The transaction is expected to be finalized by September 29, 2023, at the latest.
Additionally, Deutsche Börse Group has announced its intention to acquire the remaining shares of Luxembourg-based financial institution FundsDLT. Subject to regulatory approval, the global market infrastructure provider anticipates completing the purchase in either the fourth quarter of 2023 or the first quarter of 2024.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}