Misys faces takeover delay in Portugal

Financial software firm Misys says its takeover by Vista Equity Partners will be delayed by a legal hold-up in Portugal.

Financial software firm Misys says its takeover by Vista Equity Partners will be delayed by a legal hold-up in Portugal.

The 350p a share deal was announced back in March and approved in April but it now appears the Portuguese monopoly probe process will take longer than first thought.

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