July 31, 2018 / 12:07 PM / 3 months ago

SS&C to buy Eze Software for $1.45 bln

July 31 (Reuters) - Financial software maker SS&C Technologies Holdings Inc said on Tuesday it would buy Eze Software from TPG Capital for $1.45 billion in cash.

SS&C plans to fund the deal with a combination of cash and term loan debt. The deal is expected to immediately add to the company's adjusted earnings per share.

The transaction is expected to close by the fourth quarter. (Reporting by Arjun Panchadar in Bengaluru Editing by Saumyadeb Chakrabarty)

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