FRANKFURT (dpa-AFX) - An increased takeover bid for Datagroup caused the IT service provider's shares to rise again on Monday. Peaking at 57.10 euros, they climbed to their highest level since early January 2024. They last traded at 57 euros, gaining around 2.2 percent.
Financial investor KKR now wants to pay €56.50 per share for Datagroup if the acceptance rate reaches at least 80 percent of all outstanding shares. If the acceptance rate reaches at least 90 percent, the price will increase to €58 per share. If neither threshold is reached, the offer price will remain unchanged at €54.
However, this is still far too little for Baader Bank. Even KKR's increased purchase offer does not adequately reflect the real value of the company, wrote analyst Knut Woller on Monday. His target price for Datagroup remains unchanged at 80 euros./ajx/men
