Germany’s SAP overtakes Novo Nordisk as Europe’s largest company

LONDON (Reuters) – German software company SAP overtook Danish healthcare company Novo Nordisk as Europe’s largest company by market cap on Monday.

At 0900 GMT, SAP had a market cap of $340 billion, slightly more than Novo Nordisk, according to Reuters calculations using LSEG Workspace data.

(Reporting by Lucy Raitano and Samuel Indyk, editing by Alun John)