Finance
KKR raises conditional offer for German IT services firm Datagroup
Published by Global Banking & Finance Review®
Posted on June 1, 2025
2 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 1, 2025
2 min readLast updated: January 23, 2026
KKR raises its offer for Datagroup to 58 euros per share, contingent on share thresholds. Delisting expected post-acquisition in Q3 2025.
(Reuters) -Frankfurt-listed IT services provider Datagroup SE said on Sunday that KKR has made a conditional proposal to increase the potential acquisition offer to up to 58 euros ($65.84) per share.
KKR initially offered 54 euros per share in an all-cash transaction valuing Datagroup at approximately 450 million euros.
Under the revised terms, the offer price will rise to 56.50 euros a share if the bidder secures at least 80% of outstanding shares and if it reaches 90%, the offer will stand at 58 euros per share.
If neither of these thresholds is met, the original offer price will remain unchanged, the statement said, adding that the acceptance period runs until June 6, 2025.
KKR also explicitly ruled out a further increase of the offer price.
Datagroup will delist from the stock exchange once the purchase is settled, with closing expected in the third quarter of 2025.
The IT services provider has about 3,700 employees at locations across Germany and expects revenue to grow to between 545 million euros and 565 million euros in the current year, the company said in March.
($1 = 0.8813 euros)
(Reporting by Bipasha Dey in Bengaluru; Editing by Aurora Ellis)
KKR has proposed to increase its acquisition offer for Datagroup to up to 58 euros per share, conditional on securing a certain percentage of outstanding shares.
The offer price will increase to 56.50 euros per share if KKR secures at least 80% of outstanding shares, and to 58 euros if it reaches 90%.
The acceptance period for KKR's offer runs until June 6, 2025.
Datagroup will delist from the stock exchange once the purchase is settled, which is expected to occur in the third quarter of 2025.
Datagroup expects its revenue to grow to between 545 million euros and 565 million euros in the current year.
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