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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Deutsche Boerse Ag Namen Akt (PK) | USOTC:DBOEF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6.89 | 2.99% | 237.53 | 226.16 | 239.36 | 237.53 | 237.53 | 237.53 | 2 | 18:04:02 |
From Nov 2019 to Nov 2024
By Sarah Sloat
Deutsche Boerse AG said Thursday that it has acquired the remaining 49% stake in Clearstream Fund Centre from UBS AG for 390 million Swiss francs ($427 million).
With the deal, Deutsche Boerse will become the sole shareholder in the Zurich-based fund distribution platform. The German stock market operator initially closed the acquisition of a 51% stake in September.
The transaction is expected to result in a low-to-medium double-digit million euro book gain for Deutsche Boerse, it said.
Swiss bank UBS AG remains a partner and client of Clearstream Fund Centre, Deutsche Boerse said.
Write to Sarah Sloat at sarah.sloat@wsj.com
(END) Dow Jones Newswires
May 06, 2021 01:46 ET (05:46 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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