Misys confirms joint approach from CVC and ValueAct

Funds advised by CVC Capital Partners and ValueAct Capital Master Fund, the largest shareholder in Misys, are working together on a making a joint cash offer for the financial software provider.

Funds advised by CVC Capital Partners and ValueAct Capital Master Fund, the largest shareholder in Misys, are working together on a making a joint cash offer for the financial software provider.

Misys has confirmed it is in talks with the pair, and has formed an independent committee of the board of directors to consider all of the proposals before it.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.