Strong Signal from Increased Acquisition Offer
The raised acquisition offer for Datagroup by the investment firm KKR led to a significant increase in share prices on Monday, which briefly reached 57.10 euros. KKR has increased the offer price from the original 54 euros per share to up to 58 euros, depending on the acceptance rate of the shareholders. Specifically:
- With an acceptance rate between at least 80% and under 90%, the price rises to 56.50 euros per share.
- If an acceptance rate of at least 90% is reached, KKR will pay as much as 58 euros per share.
- If neither of these thresholds is reached, the offer remains unchanged at 54 euros per share.
Currently, KKR holds around 59.4% of the shares in Datagroup. The acceptance period for the acquisition offer ends on June 6 at midnight.
Support from Management and Supervisory Board
The management and supervisory board of Datagroup explicitly support the offer and recommend shareholders accept it. They describe it as ‘fair and attractive’. Members of the management and supervisory board also plan to sell their own shares at the offer price.
Relevance for Private Investors
This development is particularly relevant for private investors in the German-speaking region as it provides a strong signal regarding the stability and growth prospects of the company:
- The current valuation is over 340 million euros.
- Datagroup has been established for more than four decades with around 3,700 employees at numerous locations in Germany.
- For the current year, a revenue expectation of around 545 to 565 million euros is anticipated.
These factors, along with the attractive acquisition offer, demonstrate a solid market positioning and positive future prospects for Datagroup – which is why many investors should closely monitor the price developments.
In summary, the increased acquisition offer from KKR has significantly propelled the share price and signals confidence in the long-term development of Datagroup – an important aspect especially for private investors in the German-speaking area.