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SS&C to acquire Mainstream Group Global asset servicing group SS&C is set to buy specialist fund administrator Mainstream Group in a deal worth roughly $225 million (€186.3 million). The proposed purchase was unanimously recommended by the Mainstream board and is expected to close in the third quarter of 2021. It comes just months after SS&C pulled out of a $2.33 billion deal to acquire the Australia-based record keeping and shareholder registry provider Link Group. Based in Australia but with offices in Ireland and the Isle of Man as well as Asia and the US, Mainstream provides fund accoun...

SS&C Technologies Holdings Inc (SSNC) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. SS&C Technologies Holdings Inc (NASDAQ: SSNC) Popular Searches Investor, Relations Hi, everyone. Welcome and thank you for joining us for our Q1 2021 earnings call. I'm Justine Stone, Investor Relations for SS&C. With me today is Bill Stone, Chairman and Chief Executive Officer; Rahul Kanwar, President and Chief Operating Officer; and Patrick Pedonti, our Chief Financial Officer. Before we get started, we need to review t...

SS&C Technologies to proceed with Mainstream Group acquisition  The announcement follows the conclusion of Scheme Implementation Deed with Vistra, which opted not to match SS&C’s offer.   April 21, 2021 2:56 PM GMT Tech giant SS&C Technologies is set to move forward with its acquisition of Australian fund services provider Mainstream Group for $225 million.   The announcement follows the conclusion of Scheme Implementation Deed with Vistra, which opted not to match SS&C’s offer.   Vistra had previously agreed to acquire Mainstream in March for $170 million, however the firm wa...

By Mark Woodruff For the  week ending Friday 16 April, there were twelve upgrades and seven downgrades to ASX-listed companies by brokers in the FNArena database. Mainstream Group received two downgrades from separate brokers. Both Ord Minnett and Morgans downgraded the company to a Hold rating in the belief the $2 bid for the company by SS&C Technologies was both fully valued and likely to be final. This has proven to be correct as the deadline of Friday 16 April has passed without a matching offer or more favourable terms from prior bidder Vistra. The adjectives hefty and expensive were ...

SS&C Offers to Acquire Mainstream Group News provided by Share this article Share this article WINDSOR, Conn., April 12, 2021 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that it has entered into a conditional Scheme Implementation Deed with Mainstream Group Holdings Limited (ASX: MAI, "Mainstream"). SS&C proposes to acquire 100% of the shares and outstanding equity rights in Mainstream at a price of A$2.00 per security pursuant to a scheme of arrangement.  Mainstream is a provider of investment administration, middle office, fund accounting, superannuati...