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SimCorp completes acquisition of Italian software company

SimCorp A/S said Aug. 1 it completed the acquisition of 100% of APL Italiana SpA's shares.

The Italian software company will be renamed SimCorp Italiana SpA.

The Copenhagen-based company also issued 190,676 shares to Carlo Spinicci, Lorenzo Cavalleri and Ferrante Gaetani dell'Aquila d'Aragona as part of the deal. The total number of shares and voting rights in SimCorp now amounts to 40,690,767.