Deutsche Börse : Axioma acquisition highly complementary but deal looks expensive and should be mid-term dilutive
>Deutsche Börse to acquire Axioma for USD 850m - Deutsche Börse announced it plans to acquire Axioma for $ 850m in cash and plans to combine it with its index business (STOXX and DAX) into a new company. As part of the transaction, Deutsche Börse has entered into a strategic partnership with General Atlantic (PE investor) which will invest around $ 715m into the new company, in order to finance the acquisition of Axioma. A number of the Axioma management will re-inves...Deutsche Boerse is a financial services provider. Co.'s segments include Eurex, which comprises areas such as T7 electronic derivatives market trading platform, T7 electronic options trading platform, and Eurex Repo® over-the-counter trading platform; Xetra, which comprises areas such as cash market, the Specialist trading, and Eurex Bonds® OTC trading platform. Clearstream, which comprises custody and settlement services, securities financing services and collateral management, and investment funds services; and Market Data + Services, which comprises areas such as Distribution of licenses for real-time trading and market signals, and development and sales of indices.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.