Silver Lake Achieves Majority Ownership in Software AG in Take-Private Bid
By Adria Calatayud U.S. private-equity group Silver Lake said it has achieved majority ownership in Germany's Software AG and that it plans to delist the...
Stay updated with breaking news from Germany Software. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
By Adria Calatayud U.S. private-equity group Silver Lake said it has achieved majority ownership in Germany's Software AG and that it plans to delist the...
Bain said earlier that the offer values the Swiss IT services provider at about $20.66.
MUNICH, Germany (Reuters) - Silver Lake will no longer make its 2.36 billion euro offer to invest in Germany's Software AG conditional on the private equity firm acquiring more than 50% of the shares, according to a mandatory disclosure issued on Tuesday.
Global private equity deal values in artificial intelligence and machine learning companies are showing signs of recovery in 2023
:Rocket Software on Tuesday announced an improved offer for the acquisition of the entire share capital of Germany's Software AG at an initial offer price of 34 euros per share ($37.43).The non-binding offer from Rocket Software, which is backed by private equity firm Bain Capital, comes after a bidding war f