Hengeler Mueller advises Deutsche Börse on all-cash takeover offer for SimCorp A/S, the intended combination of Qontigo and ISS and the creation of a new investment management solutions segment

Deutsche Börse AG and SimCorp A/S have entered into a binding agreement, pursuant to which Deutsche Börse AG will make an all cash voluntary recommended public takeover offer to acquire all of the shares (except treasury shares) in SimCorp A/S.

In parallel, Deutsche Börse AG aims to accelerate the development of its Data & Analytics segment. Jointly with General Atlantic it intends to combine Qontigo and ISS, with General Atlantic becoming the sole minority shareholder of the combined Qontigo entity. Deutsche Börse AG and General Atlantic have jointly reached an understanding in principle on the intended combination aiming to form a leading combined ESG, data, index, and analytics provider. This will allow them to explore value creating capital markets options including a potential IPO in the medium term.

Hengeler Mueller advises Deutsche Börse AG on the transactions.

In-house group legal team at Deutsche Börse AG

Bettina Kramer-Braun (Group General Counsel), Dr. Hendrik Schäfer (Head of Corporate&Commercial Legal), Philipp Oehlerking (M&A Legal), Dr. Marco Tautges (Kartellrecht/Finanzierung), Dr. Ivo Frohmüller (Corporate). 

Hengeler Mueller team for Deutsche Börse AG

M&A: Daniel Möritz (partner, Munich), Lucina Berger (partner, Frankfurt, both lead), Christian Schwandtner (partner, Dusseldorf), Benedikt Hoegen (Frankfurt), Patrick Hell, Johannes Ahlswede, Michael Mertel (all Munich), Julia Tittel, Jan Häller, André Jahn, Guglielmo Ziani, Lea Sophie Grohmann (all Frankfurt) and Okan Isikay (Dusseldorf, all associates),

Antitrust: Markus Röhrig (partner, Brussels), Anja Balitzki (counsel, Dusseldorf) and Ioana Laura Stoicescu (associate, Brussels),

FDI: Dirk Uwer (partner), Jan Schülting (associate, both Dusseldorf),

Tax: Markus Ernst (partner, Munich) and Maximilian Maucher (associate, Frankfurt),

Capital Markets: Alexander G. Rang (Partner, Frankfurt),

Employment: Christian Hoefs (partner, Frankfurt),

Regulatory: Christian Schmies (partner, Frankfurt).