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Deutsche Börse AG

M&A Activity Jul 26, 2015

101_rns_2015-07-26_c4d9dc62-de35-4189-9f52-71b4b499e2b0.html

M&A Activity

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News Details

Ad-hoc | 26 July 2015 06:14

Deutsche Börse AG enters into a definitive agreement regarding the full acquisition of 360T

Deutsche Börse AG / Key word(s): Mergers & Acquisitions

26.07.2015 06:14

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Deutsche Börse AG enters into a definitive agreement regarding the full
acquisition of 360T

Deutsche Börse AG and the shareholders of 360T Beteiligungs GmbH ("360T")
including Summit Partners 360 S.à.r.l. signed a definitive agreement
regarding the full acquisition of 360T by Deutsche Börse AG for a total
purchase price of 725 million Euro.

360T is a leading global FX trading platform catering to a broad customer
base including corporates, buy-side firms, and banks, with double-digit
annual revenue growth since its inception in 2000. The acquisition by
Deutsche Börse AG is expected to further accelerate 360T's organic growth
trajectory. In addition, the combination will facilitate significant
double-digit million Euro revenue synergies in the mid-term by utilising
Deutsche Börse Group's international distribution capabilities and
expertise.

Deutsche Börse AG plans to finance the acquisition via a combination of
debt and equity, with the aim to minimise a potential impact on the credit
rating. The transaction is expected to be immediately accretive to cash
earnings per share without synergies and will meet customary ROI targets
upon realisation of the mid-term synergy targets.

The completion of the transaction is subject to the approval by competition
and supervisory authorities.

Contact:
Frank Herkenhoff
Tel.: +49-69-21 11 34 80

26.07.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: Deutsche Börse AG
-
60485 Frankfurt am Main
Germany
Phone: +49 (0)69 211 - 0
Fax:
E-mail: [email protected]
Internet: www.deutsche-boerse.com
ISIN: DE0005810055, DE000A1RE1W1, DE000A1R1BC6
WKN: 581005, A1RE1W, A1R1BC
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart; Terminbörse EUREX

End of Announcement DGAP News-Service


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