Added to YB: 2026-01-26
Pitch date: 2026-01-22
DB1.DE [neutral]
Deutsche Börse AG
+1.45%
current return
Author Info
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Company Info
Deutsche Börse AG operates as an international exchange organization in Germany, rest of Europe, the United States, and the Asia-Pacific.
Market Cap
EUR 39.2B
Pitch Price
EUR 213.30
Price Target
N/A
Dividend
1.87%
EV/EBITDA
13.95
P/E
19.53
EV/Sales
6.28
Sector
Capital Markets
Category
special_situation
Deutsche Börse (DB1 Germany): a strategically logical but regulator-dependent step deeper into fund services
DB1.DE (update): Formalised €8.8/share Allfunds acquisition (€5.3bn EV) with more cash vs equity, half shareholders locked up. €60m annual pre-tax synergies + €30m capex savings by 2028. High single-digit EPS accretion yr 1. Regulatory scrutiny expected on concentrated fund platform market. Close H1 2027.
Read full article (2 min)