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Deutsche Börse completed the acquisition of the remaining 49% stake in Clearstream Fund Centre from UBS on 1 June, becoming the sole shareholder of the Zurich-based fund distribution platform.
In September 2020, Deutsche Börse had acquired the first 51% of Clearstream Fund Centre, formerly known as Fondcenter, from UBS. The transaction included the option to acquire the remaining shares at a later point in time. On 6 May 2021, Deutsche Börse announced that it would acquire the remaining 49% in the company for CHF 390 million. UBS remains a key long-term partner of Clearstream across the full value chain of the funds services market.
Deutsche Börse has successfully established and further built out Clearstream Fund Centre as a centre of excellence for...
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