Wednesday, February 07, 2007
SAP CFO says aims to sustain double-digit growth | Regulatory News | Reuters.com
SAP CFO says aims to sustain double-digit growth Regulatory News Reuters.com: "But Brandt said SAP's priority for spending its cash pile would be small acquisitions. SAP had 2.8 billion euros in liquid assets at Sept. 30.
'We paid between 400 and 500 million euros for the acquisitions of U.S.-based Virsa this year. This order of magnitude is also thinkable in the future. Most transactions, however, will continue to be considerably smaller,' he said."
'We paid between 400 and 500 million euros for the acquisitions of U.S.-based Virsa this year. This order of magnitude is also thinkable in the future. Most transactions, however, will continue to be considerably smaller,' he said."
