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  "documentTitle": "2025 12 Capital Markets Day",
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  "authorName": "Deutsche Börse Group",
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  "notes": "The slide uses a side-by-side comparison of internal M&A criteria versus the specific strategic benefits of the Allfunds deal.",
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      "text": "Note: There can be no certainty that any transaction will proceed, nor as to the terms or timing of any such transaction. Any transaction would be subject to regulatory approvals. A further announcement will be made as and when appropriate.",
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      "text": "Within the perimeter of our existing businesses; To complement our organic growth; To add capabilities and/or to increase scale; Strong fit to high growth areas of the Group; Successful integration and synergy potential; Financially attractive; Preserving the strong credit rating profile",
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