February 20, 2018 / 7:31 AM / 6 months ago

BRIEF-Fidessa Group Says Possible Offer By Temenos

Feb 20 (Reuters) - Fidessa Group Plc:

* POSSIBLE OFFER FOR FIDESSA BY TEMENOS

* ‍UNDER PROPOSED TERMS OF POSSIBLE OFFER, FIDESSA SHAREHOLDERS WOULD RECEIVE £35.67 IN CASH FOR EACH FIDESSA SHARE​

* ‍UNDER PROPOSED TERMS OF POSSIBLE OFFER, FIDESSA SHAREHOLDERS WOULD ALSO RECEIVE RIGHT TO RECEIVE FINAL AND SPECIAL DIVIDENDS

* ‍TOTAL VALUE OF POSSIBLE OFFER IS THEREFORE £36.467 PER FIDESSA SHARE​

* ‍TEMENOS RESERVES RIGHT TO VARY FORM AND/OR MIX OF CONSIDERATION​

* ‍TEMENOS IS REQUIRED, BY NOT LATER THAN 5.00 PM ON 20 MARCH 2018, TO ANNOUNCE A FIRM INTENTION TO MAKE AN OFFER FOR FIDESSA​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below