16th May 2023 10:42
Apax Global Alpha Ltd - closed-ended investment company that invests in a portfolio of private equity funds advised by private equity firm Apax Partners - Agrees to invest approximately EUR22 million in IBS Software PLC, an Indian software provider for the travel and logistics industries.
This comes after its partner, Apax XI Fund on Monday announced it will acquire a minority stake in IBS.
Current stock price: 177.70 pence, up 0.5% in London
12-month change: down 5.5%
By Sabrina Penty; Alliance News reporter
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