Deutsche Börse to buy Axioma for $850 mln; GA to invest $715 mln
Deutsche Börse AG said April 9 that it agreed to buy Axioma for $850 million and plans to combine the company with its index business. General Atlantic is investing $715 million. Deutsche Borse will have 78 percent of company, while GA will have 19 percent and Axioma management will have three percent. Axioma provides portfolio and risk management software solutions. VC investors include Third Stream Partners, Goldman Sachs Group, NYCA Partners, and Salmon River Capital, PitchBook said.
9 April 2019•6 mins read
