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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 9.980-1.2%3:59 PM EDT

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To: Paul Senior who wrote (3360)1/26/2014 9:40:41 PM
From: richardred  Read Replies (2) of 7058
 
FWIW I've been warming up even more on TDC again. Earnings event February 6, 2014.

SAP finance chief says could look at big acquisitions again - report
FRANKFURT Sun Jan 26, 2014 10:14am GMT





Financial Officer of German software group SAP Werner Brandt attends the company's balance sheet news conference in Frankfurt January 25, 2012.



(Reuters) - German business software maker SAP could start looking at large acquisition targets again, particularly among cloud computing firms, its finance chief was quoted as saying by weekly Euro am Sonntag.

"We could look at almost any size," SAP's Chief Financial Officer Werner Brandt was quoted as saying. Brandt, who will retire in May, declined to name any potential targets.

SAP on Tuesday pushed back its profit target by two years as it waits for subscription revenue from cloud computing to gather pace and invests more in the business to keep up with a fast-growing market.

uk.reuters.com
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