SAP gets €7bn loan for Concur acquisition, and first credit rating

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SAP gets €7bn loan for Concur acquisition, and first credit rating

SAP AG Walldorf HQ 230x150
STEPHAN DAUB

SAP has agreed to acquire Concur, the US travel and expenses software provider, for $8.3bn. To fund the deal, the German IT company has signed a €7bn credit facility and obtained its first credit rating.

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