Deutsche Börse: Overall, if M&A transactions are strategically and financially attractive and complement endogenous growth, we expect to continue M&A activities. Profit before tax, depreciation and amortization is expected to increase by an average of 12% per year by 2028.

Deutsche Börse: Overall, if M&A transactions are strategically and financially attractive and complement endogenous growth, we expect to continue M&A activities. Profit before tax, depreciation and amortization is expected to increase by an average of 12% per year by 2028.