2023-10-13 17:43:02
Zurich (awp) – Softwareone has received non-binding takeover offers from private equity firms Bain Capital and Apax Partners, according to the Archyde.com agency, which relies on two people familiar with the situation.
Contacted by the AWP agency, Stans’ company did not comment.
The business IT services and consulting provider hosted presentations as part of a strategic review of JP Morgan, a third person said.
Offers were expected by October 11 and at least “four parties have submitted proposals”, according to Archyde.com.
This summer, Softwareone’s board of directors rejected Bain Capital’s revised offer to acquire the entire company at a price range of 19.50 to 20.50 Swiss francs per share, estimating that She didn’t value society enough.
In June, shareholders opposed an initial offer from the American private equity firm, the proposed amount of which was 18.50 Swiss francs per share.
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