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

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.