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Deutsche Börse costs rise 25% after SimCorp acquisition

Deal helps boost revenues at German exchange group but adds significantly to cost base

By Jeremy Chan
Deutsche Börse is continuing to integrate its landmark takeover
Deutsche Börse is continuing to integrate its landmark takeover Photo: Getty Images

Costs at Deutsche Börse rose 25% in the first quarter of 2024 after the German exchange’s acquisition of SimCorp.

Total operating costs were €564.5m in the first three months of the year on the back of spending €3.9bn to acquire the asset management software firm last year.

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