SAP Founder Says Acquisitions Strengthened Company, Euro Says

SAP AG (SAP) founder Dietmar Hopp won’t sell the stakes he or his foundation owns in the company, Euro am Sonntag said, citing an interview with Hopp. Current co-Chief Executive Officers Jim Hagemann Snabe and Bill McDermott are acting very skilfully, especially when doing acquisitions, and have helped the company reach an outstanding position for the future, the paper said, citing Hopp. SAP is the world’s biggest maker of enterprise-management software.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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