Deutsche Boerse reaches deal to acquire Allfunds
Jan 21 (Reuters) - Deutsche Boerse DB1Gn.DE on Wednesday reached a deal to acquire Allfunds ALLFG.AS at a valuation of 5.3 billion euros ($6.19 billion), it said in a statement. Deutsche Boerse would pay 8.8 euros for every Allfunds share, it said. ($1 = 0.8559 euros) (Reporting by Kanjyik Ghosh in Barcelona; Editing by Franklin Paul) ((Kanjyik.Ghosh@thomsonreuters.com;))
Recent news on Allfunds
See all newsTop of the Street: Moncler, Sodexo, Allfunds
Brief: Allfunds And HSBC Launch Same-Day Settlement For Hong Kong Money Market Funds
Advisory: Alert on Allfunds exclusive discussions with Deutsche Boerse withdrawn
Brief: Allfunds And DWS To Enter ETF Distribution Collaboration
Advisory: Alert on Allfunds exclusive discussions with Deutsche Boerse will be withdrawn