Deals
SAP Made Earlier Takeover Approach for Software Firm BlackLine
The SAP campus in Walldorf, Germany.
Photographer: Alex Kraus/BloombergBlackLine Inc. has attracted takeover interest from suitors including SAP SE, according to people with knowledge of the matter.
German software giant SAP made a takeover approach to BlackLine earlier this year that valued the Woodland Hills, California-based company in the high $60s per share, the people said.