The firm has initiated two legal applications under 28 U.S.C. § 1782 to compel the production of internal documents from Cognizant Technology Solutions Corp. and The Carlyle Group Inc. These filings, lodged in Delaware under case numbers 1:26-cv-00924-CFC and 1:26-cv-00719-CFC, aim to secure evidence for use in German courts. Petrus clarified that it does not view these companies as adversaries, but rather as custodians of information critical to the valuation dispute. By pursuing these discovery requests, the firm signals its intent to challenge the assumptions currently driving sell-side optimism regarding the KPMG Financial Factbook and its influence on future judicial outcomes.
Petrus Advisers Challenges SNP Share Valuation Narratives
Investment firm Petrus Advisers is pushing back against market expectations surrounding the valuation of SNP Schneider-Neureither & Partner SE. While recent financial coverage has suggested a court-mandated share price of at least EUR 140, the firm is seeking discovery in Delaware to substantiate its position in ongoing German appraisal proceedings.
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