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Stock impact report

SAP Set to Acquire Israel-based WalkMe in Deal Worth $1.5B [Yahoo! Finance]

WalkMe Ltd. - Ordinary Shares (WKME) 
Company Research Source: Yahoo! Finance
The executive and supervisory boards of SAP along with the board of directors of WalkMe had approved the transaction for $14 per share (45% premium to WalkMe's closing share price on Jun 4), bringing the total equity value to $1.5 billion. The acquisition subject to customary closing conditions and regulatory clearances is expected to close in the third quarter of 2024. The buyout is unlikely to have any material impact on SAP's non-IFRS earnings per share. Headquartered in Tel Aviv, WalkMe specializes in digital adoption platforms innovations. WalkMe aids business organizations to bolster enterprise productivity and lower risk by ensuring responsible and efficient adoption of software and the workflows powered by its platform. SAP SE Price and Consensus SAP SE price-consensus-chart | SAP SE Quote WalkMe's AI-powered platform helps to identify friction as experienced by users and delivers the personalized guidance and automation needed to eliminate the friction and perform Show less Read more
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