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IN BRIEF: Blue Prism schedules meetings to approve takeover by Vista

24th Nov 2021 13:48

Blue Prism Group PLC - Warrington, England-based robotic process automation firm - Calls reconvened court and general meetings for December 7 to approve GBP1.10 billion takeover by funds managed by Vista Equity Partners Management LLC. While SS&C Technologies Holdings Inc earlier this month made a tentative approach for Blue Prism worth 1,200.00 pence per share, besting Vista's 1,125.00p firm offer, Blue Prism says on Wednesday that SS&C still has not made a firm offer. Therefore the board continues to recommend the Vista offer.

Current stock price: 1,211.00p, down 0.7% on Wednesday

Year-to-date change: down 30%

By Tom Waite; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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