08:59 AM EDT, 06/02/2025 (MT Newswires) -- KKR (KKR) has made a conditional proposal to raise its potential offer price for German IT service provider Datagroup to up to 58 euros ($66.25) per share, Datagroup said Sunday.

The proposed acquisition offer price will rise to 56.50 euros per share if the offer has been accepted for at least 80% but less than 90% of its outstanding shares, Datagroup said.

KKR's proposed price will jump to 58 euros per share if the offer has been accepted for at least 90% of its outstanding shares, Datagroup said.

KKR's offer will stand at 54 euros a share if none of the thresholds are met, according to Datagroup.

KKR did not immediately respond to MT Newswires' request for comment.