Deutsche Börse AG

M&A Activity • Nov 12, 2009

News Details

Ad-hoc | 12 November 2009 08:00

Deutsche Börse AG: Deutsche Börse AG and SIX Group to become sole shareholders of index provider Stoxx Ltd.

Deutsche Börse AG / Miscellaneous

12.11.2009

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

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Deutsche Börse AG and SIX Group announced today that they have signed
definitive agreements under which they will become sole operators of the
Swiss index provider Stoxx Ltd. for a total consideration of EUR206.1m in
cash, comprised of EUR132.1m for Dow Jones & Company's one-third stake and
EUR74m for certain intellectual property rights acquired by Stoxx. There
will be the opportunity for Dow Jones & Company to earn up to a further
EUR29.0m depending on business performance, with any payment to occur by
mid 2011. The total consideration will be borne pro-rata by Deutsche Börse
and SIX Group.
Currently Deutsche Börse AG, SIX Group and Dow Jones & Company each hold
33.33 percent of Stoxx. Following the closing of the transaction Deutsche
Börse will control Stoxx through ownership of 50 percent plus one share and
SIX Group will hold 50 percent minus one share in Stoxx. Deutsche Börse AG
will fully consolidate Stoxx.
The transaction is subject to approval by the German antitrust authority as
well as further customary closing conditions. Closing of the transaction is
expected latest in the first quarter of 2010. Deutsche Börse AG plans to
finance the transaction out of equity. The preferred source of equity
financing is the retention of earnings.
As part of the transaction, SIX Group and Deutsche Börse AG intend to set
up a new entity to perform index calculations, with SIX Group owning 50
percent plus 1 share. This entity is set to provide index calculation
services, also for third-party customers.

Contact:
Dr. Frank Herkenhoff
Tel.: +49-69-21 11 15 00

12.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Deutsche Börse AG
Neue Börsenstraße 1
60487 Frankfurt am Main
Deutschland
Phone: +49 (0)69 211 - 0
Fax: +49 (0)69 211 - 12005
E-mail: ir@deutsche-boerse.com
Internet: www.deutsche-boerse.com
ISIN: DE0005810055
WKN: 581005
Indices: DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hannover, Düsseldorf, Hamburg, Stuttgart;
Terminbörse EUREX

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