Acquisition is the second since the new chief exec Kengeter took over in June
Deutsche Boerse has reached agreement to
buy foreign exchange and derivatives trading platform 360T, the
second acquisition by the German exchange since new chief
executive Carsten Kengeter took the reins last month.
The European exchange group has agreed
with the platform and its majority owners, Summit Partners, to
acquire the company for €725m, to be funded through a
combination of debt and equity.
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