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SAP Sap SE

170.62
2.22 (1.32%)
03 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Sap SE TG:SAP Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.22 1.32% 170.62 170.36 170.86 171.18 168.40 168.76 16,101 22:50:02

SAP Hires Adviser to Sell Litmos, Reuters Reports

04/05/2022 12:13am

Dow Jones News


Sap (TG:SAP)
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From May 2021 to May 2024

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--SAP SE hired Moelis & Co. to help it sell corporate learning business Litmos, Reuters reported, citing three anonymous sources, who say the unit could fetch more than $1 billion.

--Moelis, Reuters reported, is to start an auction process, focusing on technology-focused private-equity funds in the U.S. and Europe.

--Representatives for SAP and Moelis declined to comment, Reuters said.

 

Full story: https://www.reuters.com/business/exclusive-germanys-sap-hires-adviser-1-bln-litmos-software-sale-sources-2022-05-03/

 

(END) Dow Jones Newswires

May 03, 2022 18:58 ET (22:58 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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