Sunday, March 18, 2007
SAP founders won't sell to private equity-report | News | Mergers/Acquisitions | Reuters
SAP founders won't sell to private equity-report News Mergers/Acquisitions Reuters: "Dietmar Hopp, Hasso Plattner and Klaus Tschira together hold almost one third of the German software maker, whose market capitalisation is about 44 billion euros ($58.15 billion).
'The SAP founders have made clear that they will not sell their shares to a private equity company,' he told Germany's Boersen-Zeitung.
German business weekly WirtschaftsWoche said this month that U.S. private equity firm Silver Lake was mulling a bid for part or all of one of SAP's founders' stakes, and that one of the founders was ready to sell.
A spokesman for Dietmar Hopp said last week that Hopp had no intention of selling his stake in the world's biggest business software maker. "
'The SAP founders have made clear that they will not sell their shares to a private equity company,' he told Germany's Boersen-Zeitung.
German business weekly WirtschaftsWoche said this month that U.S. private equity firm Silver Lake was mulling a bid for part or all of one of SAP's founders' stakes, and that one of the founders was ready to sell.
A spokesman for Dietmar Hopp said last week that Hopp had no intention of selling his stake in the world's biggest business software maker. "
