KKR Close to Acquiring German IT Services Firm Datagroup
KKR & Co. is close to acquiring German IT services firm Datagroup SE, according to people familiar with the matter, potentially marking another deal for the private equity firm during market turbulence.
The private equity firm is in advanced discussions to make an offer for Frankfurt-listed Datagroup and an announcement could come as early as this week, the people said, declining to be identified because the information is private. Max Hans-Hermann Schaber, the firm's founder and chairman for the supervisory board with a nearly 54% stake, may retain a holding following a transaction, the people said.
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