29th Sep 2021 20:33
Blue Prism Group PLC - makes software to automate back-office tasks - TPG Capital confirms it does not intend to make takeover offer for Blue Prism.
At the end of August, Blue Prism said it was in talks with TPG Capital and Vista Equity Partners over possible takeover offers. On Tuesday, it said it had agreed to a GBP1.10 billion takeover offer from Vista Equity Partners. The offer by Austin, Texas-based private equity firm Vista amounts to 1,125 pence per share, a premium of around 35% to the closing price of 832p on Aug 27, the last day prior to the offer period.
Current stock price: 1,150p
Year-to-date change: down 33%
By Lucy Heming;Â [email protected]
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