By Ulrike Dauer
FRANKFURT--Deutsche Boerse AG (DB1.XE) plans a small capital
increase to finance its previously the announced takeover of
foreign-exchange trading platform 360T, Chief Executive Carsten
Kengeter said in an article published by German Sunday newspaper
Frankfurter Allgemeine Sonntagszeitung.
"We will finance the takeover by an optimal mix of equity and
debt. The equity capital increase will be the much smaller part of
the mix," Mr. Kengeter said, according to an advance summary of the
article made available on Saturday.
A week ago, Deutsche Boerse said it would buy 360T for 725
million euros ($795.6 million). On Monday, it said it would buy two
Swiss joint ventures for 650 million Swiss francs ($673
million).
In the newspaper article, Mr. Kengeter, who took the helm of the
German exchange operator on June 1, reiterated plans to boost the
company's profits in the coming years through a number of measures
such as increasing growth and efficiency and cutting personnel
costs. "We want to avoid compulsory layoffs," Mr. Kengeter said,
adding that he has already started talks with labor
representatives.
--Write to Ulrike Dauer at ulrike.dauer@wsj.com