SimCorp

Equities

SIM

DK0060495240

Financial Technology (Fintech)

Market Closed - Nasdaq Copenhagen Other stock markets 11:59:53 2023-10-30 am EDT			5-day change	1st Jan Change
730.5 ^DKK	+0.21%		-.--%	-.--%

Apr. 17	SimCorp Appoints Allen Zimmerman as Managing Director, Head of Americas	CI
2023	SimCorp Announces Appointment of Dean Mcintyre as Head of Global Commercial	CI

Deutsche Boerse to Complete Takeover of SimCorp

September 20, 2023 at 08:08 am EDT

By David Sachs

Deutsche Boerse said it received positive support for its friendly takeover offer of SimCorp and will move ahead with the buyout.

The German exchange operator said on Wednesday that its all-cash voluntary takeover of the Danish software company received preliminary acceptances of around 91% of share capital and voting rights, and that it will complete the mandated acquisition of remaining shares.

The deal is worth $4.3 billion, the Wall Street Journal reported in April. Investors use SimCorp software to track stocks, bonds and other securities, and the acquisition will give Deutsche Boerse more presence in data and analytics.

Deutsche Boerse said it will report the final result of the offer by Sept. 22.

Write to David Sachs at david.sachs@wsj.com

(END) Dow Jones Newswires

09-20-23 0807ET

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SIMCORP	730.5 DKK	+0.21%	-.--%	4.12B
	DEUTSCHE BÖRSE AG	182.6 EUR	+0.66%	-1.96%	36.1B

Latest news about SimCorp

SimCorp Appoints Allen Zimmerman as Managing Director, Head of Americas	Apr. 16	CI
SimCorp Announces Appointment of Dean Mcintyre as Head of Global Commercial	Dec. 18	CI
New targets boost Deutsche Borse - chart picture brightens up	Nov. 07	DP
Deutsche Borse: Double-digit turnover and earnings growth by 2026	Nov. 07	DP
Deutsche Börse Launches New Business Unit Under Horizon 2026 Strategy	Nov. 07	MT
Deutsche Boerse forecasts increases in revenue and EBITDA through 2026	Nov. 07	RE
But where have the bears gone?	Nov. 03
Deutsche Borse raises forecast again - Simcorp purchase and high interest rates	23-10-19	DP
Deutsche Borse significantly curbs loss	23-10-19	DP
Deutsche Borse raises forecast again - Simcorp takeover and high interest rates	23-10-18	DP
Nasdaq Copenhagen Approves SimCorp’s Delisting Amid Deutsche Börse’s Takeover	23-10-02	MT
Deutsche Börse Initiates Compulsory Acquisition of SimCorp	23-10-02	MT
Dpa-AFX Overview: COMPANY as of 02.10.2023 - 3.15 p.m.	23-10-02	DP
SimCorp A/S(CPSE:SIM) dropped from OMX Nordic All-Share Index	23-09-25	CI
SimCorp A/S(CPSE:SIM) dropped from S&P Global BMI Index	23-09-25	CI
German DAX Index Closes Flat as Private Sector Economy Stages Slight Recovery	23-09-22	MT
Deutsche Börse Secures 91% Stake in SimCorp via Takeover Offer	23-09-22	MT
Upbeat Data, Fed Anticipation Send German Stocks Higher	23-09-20	MT
Dpa-AFX Overview: COMPANIES of 20.09.2023 - 15.15 o'clock	23-09-20	DP
Deutsche Börse Secures Majority Acceptance in SimCorp Takeover	23-09-20	MT
Deutsche Boerse to Complete Takeover of SimCorp	23-09-20	DJ
Deutsche Boerse gets more than 90% of SimCorp shares in takeover deal	23-09-20	RE
Deutsche Börse AG completed the acquisition of SimCorp A/S from BLS Capital Fondsmaeglerselskab A/S, UBS Group AG (SWX : UBSG), Mawer Investment Management Ltd. and others.	23-09-18	CI
Deutsche Börse's SimCorp Takeover Gains European Commission Approval	23-08-24	MT
Transcript : SimCorp A/S, Q2 2023 Earnings Call, Aug 11, 2023	23-08-11

Chart SimCorp

Duration

Period

More charts

Company Profile

SimCorp A/S is a Denmark-based company engaged in the development and marketing of software solutions to the financial industry. The Companyâs product, SimCorp Dimension, is a customizable, modular investment management software solution for professional investment managers, which supports all elements of the investment management process. It includes Asset Manager, Client Manager, Data Warehouse Manager, Order Manager and Settlement Manager, among others. Additionally, the Company provides services such as business consulting, implementation, and maintenance. Its clients include asset and fund managers, insurance companies, pension funds, mutual funds, banks and mortgage lenders, among others. SimCorp A/S is a parent entity of the SimCorp Group. It operates through numerous subsidiaries, in geographical segments such as Nordic region, Central Europe, the United Kingdom and Ireland, Benelux and France, Middle East, the Asia Pacific region, and North America.

Sector

Financial Technology (Fintech)

Calendar

2024-05-14 - Q1 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Sector Business to Consumer

	1st Jan change	Capi.
SIMCORP	-.--%	4.12B
TRANSACTION MEDIA NETWORKS INC.	-30.99%	108M

Business to Consumer