+ 300 Eur dividend, loss -15 %
Datagroup has received an extensive order from Degussa Goldhandel. The company will provide central IT services as part of Degussa's international expansion. The agreement covers both on-premise services and cloud services, including server operation, storage, backup and virtualization.
Datagroup also provides first level support and takes care of hardware installation at several European locations. The scope of services also includes client and server management via Microsoft Intune as well as modern workplace solutions with Microsoft 365. Azure services and Power BI are also used. Datagroup supports a total of around 250 users as part of the new partnership
Baader Bank criticizes KKR offer for Datagroup
There has recently been news about the takeover bid: KKR wants to pay more for the shares of Datagroup SE - but only if the acceptance rate is high. With an acceptance rate of at least 80 percent, but below 90 percent, the price offered by KKR via Dante Beteiligungen SE would rise to 56.50 euros. If the 90 percent mark is reached, 58.00 euros per Datagroup share will be paid. If the acceptance rate remains below 80 percent, the current offer of 54.00 euros will be maintained.
The calculation of the thresholds is based on 8,349,000 outstanding Datagroup shares. The bidder currently holds around 59.4 percent. KKR has ruled out a further price adjustment for the Datagroup share.
The analysts at Baader Bank continue to regard the bid as far too low. They see the target price for Datagroup shares at 80 euros and recommend the stock as a buy.
