Sap completes sale of its stake in qualtrics as silver lake and cpp investments complete qualtrics acquisition

Walldorf, germany , june 28, 2023 /prnewswire/ -- sap se (nyse: sap) today announced that silver lake management, the global leader in technology investing, and its co-investors along with the canada pension plan investment board (cppib), have completed the acquisition of all the issued and outstanding shares of qualtrics, including all shares owned by sap, at a purchase price of us$18.15 in cash per share. sap will remain a close go-to-market and technology partner to qualtrics, servicing joint customers and continuing to contribute to their success.
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