Petrus Advisers and Petrus Legal Strategies issue a statement regarding SNP Schneider - Neureither & Partner SE
PR Newswire
1h ago
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Petrus indicates that attention has been paid to recent media reports and seller announcements regarding SNP, particularly those mentioning that the court may use KPMG Financial Factbook to value SNP shares at a minimum of 140 euros during the valuation process. Petrus also stated that it has initiated two 28 U.S.C § 1782 evidence assistance procedures in Delaware regarding documents related to Cognizant Technology Solutions and The Carlyle Group; these documents will be used in different legal proceedings in Germany. Petrus asserts that in neither of these cases does it consider the opposing parties to be "adversaries," but rather merely entities that hold the relevant documents.
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St Helier (Jersey) and London, October 1, 2026 / PRNewswire / -- Petrus wishes to acknowledge the media reports and seller research on SNP in the past few months, particularly the forecasts that the court will value SNP shares at a minimum of 140 euros during the assessment process based on KPMG Financial Factbook. In light of the widespread nature of these reports, Petrus deems it necessary to provide clarification.

According to Petrus, it initiated two evidence assistance procedures in Delaware based on 28 U.S.C § 1782, which involve documents from Cognizant Technology Solutions Corp (case number 1:26- cv-00924-CFC) and The Carlyle Group Inc (case number 1:26- cv-00719-CFC), respectively. These documents will be used in different German proceedings. Petrus stated that in neither of these procedures does it consider the other party as an adversary; both companies are merely the holders of the relevant documents.

Petrus indicates that the written materials in these programs are public, and Petrus does not object to their content.

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