SAP Hires Adviser to Sell Litmos, Reuters Reports
04 Mai 2022 - 1:13AM
Dow Jones News
--SAP SE hired Moelis & Co. to help it sell corporate
learning business Litmos, Reuters reported, citing three anonymous
sources, who say the unit could fetch more than $1 billion.
--Moelis, Reuters reported, is to start an auction process,
focusing on technology-focused private-equity funds in the U.S. and
Europe.
--Representatives for SAP and Moelis declined to comment,
Reuters said.
Full story:
https://www.reuters.com/business/exclusive-germanys-sap-hires-adviser-1-bln-litmos-software-sale-sources-2022-05-03/
(END) Dow Jones Newswires
May 03, 2022 18:58 ET (22:58 GMT)
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