Deutsche Börse AG announces public takeover offer for SimCorp A/S

Case News
Deutsche Börse and SimCorp have today entered into a binding agreement, pursuant to which Deutsche Börse will make an all-cash voluntary recommended public takeover offer to acquire all of the shares (excluding treasury shares) in SimCorp. Plesner is acting as legal counsel for Deutsche Börse in connection with the offer.
 

The offer will be made subject to certain customary conditions, including a minimum acceptance level of 50% plus one share of SimCorp's share capital and voting rights and that Deutsche Börse obtains all necessary regulatory approvals.

Deutsche Börse will, as soon as possible and no later than four weeks from today, publish an offer document approved by the Danish Financial Supervisory Authority with detailed information about the Offer.

SimCorp’s Board of Directors has unanimously resolved that it intends to recommend SimCorp's shareholders to accept the offer, when made, in the form of an offer document approved by the Danish Financial Supervisory Authority.

Deutsche Börse is a German stock corporation (in German: "Aktiengesellschaft"). The shares in Deutsche Börse are admitted to trading on the regulated market of the Frankfurt Stock Exchange (in German: "Frankfurter Wertpapierbörse").

As an international exchange organisation and innovative market infrastructure provider, Deutsche Börse Group ensures capital markets that are transparent, reliable and stable. With its wide range of products, services and technologies, the Group organises safe and efficient markets for sustainable economies. As a technology company, the Group develops state-of-the-art IT solutions and offers IT systems all over the world.

Plesner is proud to act as legal counsel for Deutsche Börse in connection with the offer, alongside Hengeler Mueller Partnerschaft von Rechtsanwälten mbB, Linklaters LLP (financing) and Cravath, Swaine & Moore LLP (U.S. counsel).

Plesner's core team comprises Thomas Holst Laursen, Janus Jepsen, Henrik Laursen, Simon Mejer, Sofie Riisgaard Mathiesen, Marcus Franzpötter and Jonas Egelykke Jensen.

Read the Deutsche Börse press release