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LONDON/ZURICH :Bain Capital is the last remaining bidder for software company SoftwareOne Holding AG after other interested parties, including private equity firm Apax Partners, dropped out, three people familiar with the situation said. This makes buyout group Bain the frontrunner to acquire the Swiss softwa
SoftwareOne: The Swiss software manager has been holding management presentations this month as part of a strategic review run by JPMorgan, a third person said. Non-binding bids were due on Oct. 11 and at least four parties submitted proposals, one of the people said.
SoftwareOne, which helps companies manage software purchases from vendors such as Microsoft, Adobe and IBM, received non-binding bids this week from private equity firms Bain Capital and Apax Partners, two people said.
Bain Capital has increased its offer for SoftwareOne Holding AG to about 3.2 billion Swiss francs ($3.72 billion), Bloomberg News reported on Thursday.
(Reuters) - Bain Capital has increased its offer for SoftwareOne Holding AG to about 3.2 billion Swiss francs ($3.72 billion), Bloomberg News reported...