Theodor Weimer has however ruled out any mega deals.
Deutsche Boerse’s new CEO, Theodor Weimer, who took office since the start of 2018, essentially told shareholders that he is on the lookout for future acquisitions and that it is one of the growth engines for the German stock exchange operator.
Weimer made it lucidly clear acquisitions plays a central “part of our strategy, in particular where it would complement our business”.
He went on to add, acquisition priorities include fixed-income securities, energy products, currencies, services for investment funds, data and indices.
He however has ruled out mega deals.
In 2016-2017, Deutsche Boerse failed to merge with the London Stock Exchange.
“Transformational transactions, whereby we thereafter no longer hold majority, or our headquarters is no longer in Hesse, are not an option for us,” said Weimer.
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