Deutsche Boerse extends SimCorp takeover offer as it awaits regulators

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Deutsche Boerse extends SimCorp takeover offer as it awaits regulators
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FRANKFURT :Deutsche Boerse said on Friday that it was extending an offer period to shareholders for its takeover of the Danish investment management software company SimCorp as it awaits European Union regulatory approval.The German exchange operator has extended the offer to August 3 from an original July 1

FRANKFURT :Deutsche Boerse said on Friday that it was extending an offer period to shareholders for its takeover of the Danish investment management software company SimCorp as it awaits European Union regulatory approval.

The German exchange operator has extended the offer to August 3 from an original July 13, and it said it expected a further extension after that.Deutsche Boerse said it had received approval from authorities in the United States, Denmark and Italy.

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