FRANKFURT :Deutsche Boerse said on Friday that it was extending an offer period to shareholders for its takeover of the Danish investment management software company SimCorp as it awaits European Union regulatory approval.
The German exchange operator had initially hoped to complete the takeover in the third quarter, but it said on Friday that it may only get final regulatory approval by the end of that quarter. "The chemistry is right," Deutsche Boerse Chief Executive Officer Theodor Weimer told its investors in May.
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