Software firm SAP mulls Shanghai listing
November 23, 2012 10:00 PM EST
German software group SAP is considering a listing in China to give the world's biggest business software firm the option of tapping financial resources in one of its fastest growing markets.
"We are looking into the possibility of a third listing," a spokesman said.
It also has a mid-term sales target of 1 billion euros for China, which in the third quarter showed a 40 percent growth in software sales, making it SAP's sixth largest market.
(Reporting by Harro ten Wolde; Editing by Mark Potter)