Deutsche Boerse CEO on the hunt for acquisitions

FRANKFURT: Deutsche Boerse’s chief executive is on the lookout for acquisitions as one of the pillars of the German stock exchange operator’s growth strategy. Theodor Weimer, who took the reins on January 1, told shareholders on Wednesday that acquisitions were “part of our strategy, in particular where it would complement our business”. Acquisition priorities include fixed-income securities, energy products, currencies, services for investment funds, data and indices, he said. But Weimer also ruled out some mega deals, a year after the collapse of Deutsche Boerse’s proposed merger with London Stock Exchange. — Reuters