Software AG CEO sees operating profit margin in high twenties in medium term
BERLIN, April 24 (Reuters) - Software AG SOWGn.DE is
aiming for an operating profit margin in the high twenties
percentage range in the medium term, Chief Economist Sanjay
Brahmawar said on Monday.
Last week, private-equity firm Silver Lake offered to buy
Software AG in a deal that values the German business software
developer at 2.2 billion euros ($2.42 billion).
(Writing by Friederike Heine, Editing by Kirsti Knolle)
((friederike.heine@thomsonreuters.com;))
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