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Euronews
Euronews
Doloresz Katanich

SAP has just become Europe's most valuable company, dethroning Novo Nordisk

German tech giant SAP SE rose to the throne of Europe's biggest public company, surpassing the market capitalisation of the Danish drug maker Novo Nordisk.

The multinational software company, based in Walldorf, Baden-Württemberg, saw its share price up by more than 1% in the morning trade in Frankfurt, fuelling the already 40% gain over the past year and putting its market capitalisation to around €312 billion.

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