Strong interest in IPO of SAP subsidiary

Strong interest in IPO of SAP subsidiary

Demand for stock in a system integrator subsidiary of German business software supplier SAP AG has been so strong that the IPO subscription period has ended early. Shares in SAP Systems Integration AG began trading on Frankfurt's Neuer Market on September 13. The company, which provides IT consulting and services to business customers, was established in April 2000 through a merger of existing SAP subsidiaries. Underwriters closed the subscription period two days earlier than planned, a spokeswoman for the company said.

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