Deutsche Börse may turn to the debt market to finance its acquisition of the rest of Clearstream, the clearing house in which it has a 50% stake, with Cedel, a group of 92 banks.

Deutsche Börse has agreed to pay shareholders of Cedel, which owns the other half of Clearstream, a total of €1.7bn ($1.5bn). This values Cedel's share of the depository at €1.6bn, with the remainder representing the net asset value of Cedel's other assets.