SAP SI raises IPO issue price

German ERP giant, SAP has set the share issue price of its systems integration unit, SAP SI at E19 a share.

German ERP giant, SAP has set the share issue price of its systems integration unit, SAP SI at E19 a share.

The value of the unit is now at E680m, at least double the previous valuation for the company.

Stock will officially start trading tomorrow on the Neuer Markt exchange in Germany.

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