German Exchange Eyes Allfunds

Deutsche Boerse said it is in talks with European fund-technology company Allfunds on a possible acquisition valued at around $6 billion.

- NINA KIENLE

The German stock-exchange operator said Thursday that it had made a nonbinding proposal to acquire Allfunds for 8.80 euros a share. That would imply an equity value of €5.29 billion, equivalent to $6.13 billion, for the company, based on data take