Qualtrics: transaction overview Price: purchase price of $8bn, or €7bn (including invested employee incentive compensation) Financing: SAP has obtained a €7bn credit facility (loan) to cover the purchase price and acquisition costs. SAP expects to refinance parts of the credit facility via the issuance of debt securities. Management & governance: Ryan Smith will continue to lead Qualtrics, reporting to Robert Enslin, President, SAP Cloud Business Group. Expecting closing: in H1
12 Nov 2018
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SAP SE (SAP:WBO) | 0 0 0.2% | Mkt Cap: 103,244m
- Published:
12 Nov 2018 -
Author:
Luis Pereira -
Pages:
3
Qualtrics: transaction overview Price: purchase price of $8bn, or €7bn (including invested employee incentive compensation) Financing: SAP has obtained a €7bn credit facility (loan) to cover the purchase price and acquisition costs. SAP expects to refinance parts of the credit facility via the issuance of debt securities. Management & governance: Ryan Smith will continue to lead Qualtrics, reporting to Robert Enslin, President, SAP Cloud Business Group. Expecting closing: in H1