Community
According to Financial Times, Vista Equity Partners, a private equity firm focused on investing in software and technology-enabled businesses based in USA, has launched a rival £1.2bn offer for Misys.
Maija Palmer, redactor from FT following what could be the biggest and completest deal of the Banking Software Industry, stated that "the Invest firm is offering an indicative offer of 360 for every Misys share, with a 16 cts premium over the closing price of 309,6p from Friday"
Value Act, major stake holder from Misys, was rather supportive of the Temenos-Misys deal, however other stakeholders might consider other options. Vista has among its latest investments, Kondor Thomson Reuters, and Misys could be considered as complementary asset in its Banking Software Portfolio.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
10 March
Nicholas Holt Head of Solutions and Delivery, Europe at Marqeta
07 March
Ivan Nevzorov Head of Fintech Department at SBSB FinTech Lawyers
Kate Leaman Chief Analyst at AvaTrade
06 March
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.