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ALLFG Allfunds News Story

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Deutsche Boerse seen up after reaching a deal to acquire Allfunds

** 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))

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