Hengeler Mueller advises J.P. Morgan on financing of planned acquisition of Qualtrics by SAP
13. November 2018
SAP SE and Qualtrics International Inc. announced that they have entered into a definitive agreement under which SAP acquires Qualtrics, a global pioneer in experience management. Under the terms of the agreement, SAP will acquire all outstanding shares of Qualtrics for US$8 billion in cash. SAP is financing the acquisition through a syndicated loan arranged and underwritten by J.P. Morgan.
Hengeler Mueller advised J.P. Morgan on the transaction. The Hengeler Mueller team included partner Johannes Tieves as well as associate Dominik Stolz (both Financing, Frankfurt).