Deutsche Börse AG successfully completes takeover of SimCorp A/S

Case News
Deutsche Börse has successfully completed the SimCorp takeover offer, a squeeze-out of the minority shareholders and SimCorp has also been delisted from Nasdaq Copenhagen.

Deutsche Börse's published the offer document on 25 May 2023 and announced the final result of the offer on 22 September 2023 with an acceptance rate of approximately 91.42% of the entire share capital and voting rights.  

Deutsche Börse subsequently initiated a squeeze-out which was completed on 2 November 2023.

SimCorp has also been delisted from Nasdaq Copenhagen per 30 October 2023.

Deutsche Börse is now the sole shareholder of SimCorp. 

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 successful takeover of SimCorp, 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