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<p><a target="_blank" href="http://azentio.com/">Azentio Software</a><span> is pleased to announce that Mohammed Kateeb has been selected as a co-chair of the CIBAFI’s Innovation and Technology Working Group (ITWG) for the year 2021-2022 during the Group’s kick-off meeting held on Monday 6 December.</span></p>
Paris, 4 November 2021 - Net Asset Value per share stood at €33.45 as of 30 September 2021, after distribution of a dividend of €1.09/share on 27 May 2021. Including the dividend, NAV was up 11.8%
<p><a href="http://azentio.com/" target="_blank">Azentio Software</a><span> (“Azentio”), a Singapore-headquartered software products business owned by funds advised by Apax, is pleased to announce the signing of a binding agreement to acquire certain software assets from </span><a href="https://www.path-solutions.com/" target="_blank">Path Solutions</a><span> (including the flagship products </span><b><i>i</i></b><b>...
Singapore's Azentio Software has acquired the core banking software assets of Path Solutions, a technology supplier to 150+ Islamic financial institutions across the globe.
3i Infotech has completed the slump sale of the global software products business of the Company (including its worldwide subsidiaries other than the sale of such business of its subsidiaries in Saudi Arabia and Thailand, the completion of which is to occur separately subject to regulatory approvals) on a going concern basis to Azentio Software (and its affiliates) (Buyer), pursuant to inter alia the business transfer agreement dated 28 December 2020 executed between the Company and the Buyer. The company plans to utilize the sale proceeds for the following purposes: (i) repayment of outstand...