CVC bids for Germany's CompuGroup Medical at 51% premium

German healthcare software provider CompuGroup Medical shares surged 30% on Monday .

CVC Capital Partners has offered to acquire it and take it off the stock exchange.

The deal, which is subject to regulatory clearances, is worth 1.14 billion euros ( $1.20 billion ) Shares fell to a 10-year low in July after company cut its fiscal 2024 guidance.