SAP loan gets 100% hit rate with M&A-hungry banks

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SAP loan gets 100% hit rate with M&A-hungry banks

SAP AG Walldorf HQ 230x150

SAP, the German software firm, closed syndication of the €7bn bridge facility for its $8.3bn acquisition of US expenses software firm Concur at the end of last week with the participation of all the invited banks, according to people familiar with the deal.

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