Deutsche Börse AG (XTRA:DB1) will look for acquisitions. Stephan Leithner, Co-CEO said during the Analyst and Investor Conference Call regarding the Third Quarter 2024 results, "The fourth and key point that I also want to bring back to many investors that have emphasized the importance of proper capital allocation. And therefore, I want to confirm that the new framework we presented last year continues to apply fully.

M&A will also continue to be part of our growth and help to realize scale benefits, but we will remain disciplined on M&A, especially until the ongoing integrations in Investment Management Solutions are fully completed. He, however, will be the continuity of our discipline regarding dividend growth and the usage of share buybacks as an additional tool to distribute excess cash". "We will also remain very disciplined regarding potential larger acquisitions into 2025 and beyond.

We still have to fully complete the integration of our last acquisitions and realize the full potential. But we expect to return to the market sooner or later to further support our core business by M&A when strategically and financially attractive opportunities arise".