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Deutsche Börse AG publishes offer document for public takeover of SimCorp A/S

Release date:
25 May 2023
| Deutsche Börse

Deutsche Börse AG publishes offer document for public takeover of SimCorp A/S

- Danish Financial Supervisory Authority approves SimCorp takeover offer document
- Transaction is expected to be completed in Q3

Frankfurt, Germany, and Copenhagen, Denmark, 25 May 2023 – Following the approval by the Danish Financial Supervisory Authority (“Danish FSA”), Deutsche Börse AG today published the offer document pursuant to which Deutsche Börse AG makes an all-cash voluntary recommended public takeover offer to acquire all shares (excluding treasury shares) in SimCorp A/S at a price of DKK 735.0 per share. On 27 April this year, Deutsche Börse announced the entering into of a binding agreement between Deutsche Börse and SimCorp.

Completion of the Offer is subject to satisfaction of certain customary conditions, including that Deutsche Börse obtains all necessary regulatory approvals and a minimum acceptance level of 50% plus one share of SimCorp's share capital and voting rights. The transaction is expected to be completed in the third quarter of this year.

The Board of Directors of SimCorp has unanimously resolved that it intends to recommend the shareholders of SimCorp to accept the Offer. The Board of Directors of SimCorp will publish a statement in respect of the Offer, which will include the Board of Directors' considered statement on the Offer. Members of the Executive Management Board and the Board of Directors of SimCorp have irrevocably undertaken to accept the Offer or otherwise sell their shares to Deutsche Börse at the offer price on the terms and conditions applicable to the Offer, subject to certain customary conditions and any restrictions applicable under the Remuneration Policy or existing incentive programme of SimCorp.

The Offer Document contains the full terms and conditions of the Offer. Simcorp shareholders are advised to read the materials and disclaimers set out in the Offer Document. The Offer Document can be viewed and downloaded at