Profeta Investments has written to the Board of Directors of Datagroup concerning the management and supervisory boards’ intention to
recommend Kohlberg Kravis Roberts’ (KKR) €54 per share offer for minority shareholders’ shares. Profeta Investments is one of the top twenty shareholders in Datagroup, by virtue of the funds we manage for our clients.
We believe that this price deeply undervalues the shares, and a recommendation to accept the offer by the board would represent a breach of the board’s fiduciary duties to shareholders.

Profeta Investments letter to board of directors of Datagroup – 2505