Deals
SAP in Talks to Sell Digital Interconnect Unit to Sinch
Photographer: Alex Kraus/Bloomberg
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SAP SE, Europe’s biggest tech company by market value, is in advanced talks to sell its digital interconnect business to Swedish mobile messaging firm Sinch AB, according to people familiar with the matter.
An agreement could be reached soon, said the people, who asked not to be identified because deliberations are private. No final decision has been made and the deal could be delayed or fall apart, the people said. Financial terms couldn’t be learned.