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Posted by : Anonymous on Jun 02, 2004 - 06:49 AM General
SAP AG said it now owns about 90.01 pct of SAP Systems Integration AG as a result of the share buy-back offer that ended on May 27.
SAP spun off the company in 1997 and in March, it offered 20.40 eur per share to buy the outstanding shares.
SAP SI shares are likely to be removed from the TecDAX on Sept 20 as a result of the takeover.

Copyright 2004 AFX News Limited. All Rights Reserved.
SAP holds about 90.01 pct of SAP SI after share buy-back | Log-in or register a new user account | 0 Comments
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