KKR Close to Acquiring German IT Services Firm Datagroup
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KKR & Co. has agreed to acquire German IT services firm Datagroup SE, marking another deal for the private equity firm during market turbulence.
The private equity firm plans to launch a tender offer to buy Frankfurt-listed Datagroup for €54 ($61) a share, according to a statement confirming an earlier report by Bloomberg News. The agreement provides a 33% premium to Datagroup’s closing price Tuesday, the companies said.