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Announced

Deutsche Boerse to acquire a 49% stake in Clearstream Fund Centre from UBS for $427m.

Financials

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Transaction Value£307m
Consideration TypeCash
Capital Owned51%
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Asset Managers and Custodians

Acquisition

Private

Pending

Luxembourg

Single Bidder

Cross Border

securities depository

Friendly

Majority

Synopsis

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Deutsche Boerse to acquire a remaining 49% stake in Clearstream Fund Centre, an international central securities depository, from UBS, a financial services provider, for $427m. “We see significant opportunities to further grow the global footprint of this (CFC) business, particularly in Europe but also in Asia Pacific,” Stephan Leithner, Deutsche Boerse board member.

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