CompuGroup's Founders See Much Higher Value in Company -- Market Talk
Dow Jones
Dec 09, 2024
1100 GMT - CompuGroup's founding family Gotthardt intends to remain invested in the German healthcare-software developer, indicating that they see noticeably higher value in CompuGroup than 22 euros, Baader analyst Knut Woller says. Private equity firm CVC Capital Partners launched a voluntary public tender offer for 22 euros a share. The Gotthardt family and related shareholder Reinhard Koop intend to keep their stake at around 50.1%--the same proportion as before--once a takeover offer by CVC is completed. CompuGroup and CVC said they plan to take the company private shortly after the transaction is completed. Shares are up 31% at 21.7 euros. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
December 09, 2024 06:00 ET (11:00 GMT)
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