Deutsche Börse to acquire Allfunds in €5.3bn transaction

Deutsche Börse Group has entered into an agreement to purchase wealth-tech firm Allfunds for €5.3bn ($6.2bn). The deal sets out that Allfunds shareholders will receive €8.80 per share, comprised of €6 in cash, 0.0122 newly issued Deutsche Börse Group shares per Allfunds share and a dividend of up to €0.20 per share for the 2025 financial year. Additional dividends may be granted for future periods. The agreed price represents a 32.5% premium over Allfunds’ closing share price of €6.64 on 26 November 20 ...