SAP France's Cash Offers for Business Objects Securities Expire
WALLDORF, Germany & PARIS--(BUSINESS WIRE)--SAP France S.A. (“SAP France”),
SAP AG (NYSE:SAP) (“SAP”)
and Business Objects S.A. (Nasdaq:BOBJ)(Euronext Paris ISIN code:
FR0004026250 – BOB) (“Business
Objects”) announce that the subsequent
offering period in SAP France's U.S. and French cash tender offers for
Business Objects securities expired yesterday, January 29, 2008.
The Autorité des marchés
financiers (“AMF”)
is expected to announce the final results of the subsequent offering
period on or about February 5, 2008. SAP France confirms that if the
outstanding Business Objects securities held by persons other than SAP
France and its affiliates do not represent more than 5% of the capital
or voting rights of Business Objects, SAP France will request the AMF to
implement a squeeze-out.
About SAP
SAP is the world’s leading provider of
business software*. More than 43,400 customers in more than 120
countries run SAP® applications —
from distinct solutions addressing the needs of small and midsize
enterprises to suite offerings for global organizations. Powered by the
SAP NetWeaver® platform to drive innovation
and enable business change, SAP software helps enterprises of all sizes
around the world improve customer relationships, enhance partner
collaboration and create efficiencies across their supply chains and
business operations. SAP solution portfolios support the unique business
processes of more than 25 industries, including high tech, retail,
financial services, healthcare and the public sector. With subsidiaries
in more than 50 countries, the company is listed on several exchanges,
including the Frankfurt stock exchange and NYSE under the symbol “SAP.”
(Additional information at http://www.sap.com)
(*) SAP defines business software as comprising enterprise resource
planning and related applications such as supply chain management,
customer relationship management, product life-cycle management and
supplier relationship management.
About Business Objects
Business Objects has been a pioneer in business intelligence (BI) since
the dawn of the category. Today, as the world’s
leading BI software company, Business Objects transforms the way the
world works through intelligent information. The company helps
illuminate understanding and decision-making at more than 45,000
organizations around the globe. Through a combination of innovative
technology, global consulting and education services, and the industry’s
strongest and most diverse partner network, Business Objects enables
companies of all sizes to make transformative business decisions based
on intelligent, accurate, and timely information.
Business Objects has dual headquarters in San Jose, Calif., and Paris,
France. The company’s stock is traded on both
the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock
exchanges. More information about Business Objects can be found at www.businessobjects.com.
Any statements contained in this document that are not historical facts
are forward-looking statements as defined in the U.S. Private Securities
Litigation Reform Act of 1995. Words such as “anticipate,”
“believe,” “estimate,”
“expect,” “forecast,”
“intend,” “may,”
“plan,” “project,”
“predict,” “should”
and “will” and
similar expressions as they relate to SAP and/or Business Objects are
intended to identify such forward-looking statements. SAP and/or
Business Objects undertake no obligation to publicly update or revise
any forward-looking statements. All forward-looking statements are
subject to various risks and uncertainties that could cause actual
results to differ materially from expectations The factors that could
affect SAP's and Business Objects' future financial results are
discussed more fully in SAP's and Business Objects' filings with the
U.S. Securities and Exchange Commission ("SEC"), respectively, including
SAP's most recent Annual Report on Form 20-F filed with the SEC and
Business Objects' most recent Quarterly Report on Form 10-Q filed with
the SEC. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates.
Copyright © 2007 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP
products and services mentioned herein as well as their respective logos
are trademarks or registered trademarks of SAP AG in Germany and in
several other countries all over the world. All other product and
service names mentioned are the trademarks of their respective
companies. Data contained in this document serve informational purposes
only. National product specifications may vary.