** Shares in Deutsche Boerse DB1Gn.DE rises 2.2% in early Frankfurt trade after the German stock exchange operator said on Wednesday it had reached a deal to acquire Allfunds ALLFG.AS
** Deutsche Boerse will buy the Amsterdam-listed fund trading platform for 5.35 billion euros ($6.25 billion)
** The deal values each Allfunds share at 8.8 euros
** "This is a deal with a strong strategic rationale for Deutsche Boerse and should be welcomed," Jefferies says
** The stock has lost 6.4% YTD
($1 = 0.8556 euros)
(Reporting by Ozan Ergenay)
((ozan.ergenay@thomsonreuters.com))