Reported 2 days ago
KKR has raised its conditional bid for German IT services firm Datagroup SE to a potential €58 per share, up from the initial €54 per share offer. The new terms stipulate that if KKR secures 80% of the outstanding shares, the price will increase to €56.50, and if it reaches 90%, it will be €58. The acceptance period for the offer ends on June 6, 2025, with completion of the acquisition expected by the third quarter of 2025.
Source: YAHOO