SAP Agrees to Purchase Concur in $7.4B Deal

The video covers significant business news, including Alibaba's IPO on the New York Stock Exchange, raising $21.8 billion and valuing the company at over $167 billion. It also discusses Vivendi's sale of its Brazilian broadband unit GVT to Telefonica for over €4.8 billion in cash and stock, following exclusive talks. Additionally, SAP's acquisition of Concur Technologies for $7.4 billion, with a 20% premium, is highlighted.

Which company is selling its US Brazilian broadband unit GVT?

What is the value of the deal in which SAP is buying Concur technologies?