Two weeks ago it was said that Software AG might be about to sell. The Darmstadt-based company is studying strategic options, the news agency reported Bloomberg. Today there is an upcoming speculation. The stock could rise again and scratch at the €40 mark.
According to Circles, speculation is growing about a possible sale of Software AG: several investors such as CVC Capital Partners, Silver Lake Management and Thoma Bravo have already expressed interest in the offer, Bloomberg reports again. She added that consultations on this are still in their early stages and it is not clear if any of the companies will actually make a formal bid. Spokesmen for the holding companies declined to comment.
Software AG
(WKN: A2GS40)
Speculation pushes the stock higher. Software AG is in the process of deep restructuring. However, it is difficult to assess whether the speculation will come true. The fact is that the dominant foundation of the company’s founder Peter Schnell has an important say in the acquisition. Software AG owns more than 30 percent of the company.
(with material from dpa-AFX)
