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IT

Activist investor Elliott Management buys stake in SAP

Thursday 25 April 2019 | 10:30 CET | News
Activist investor Elliot Management said it has bought a stake in SAP worth EUR 1.2 billion, equal to 1 percent of the EUR 130 billion market cap of the company, Manager Magazin reports. The US hedge fund said that it fully supports the strategy of SAP, adding that it is confident that its management can deliver successful results. 

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Categories: IT
Companies: SAP
Countries: Germany
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