April 20, 2018 / 8:52 AM / a month ago

Ireland's Ion Investment approaches UK's Fidessa for potential deal

April 20 (Reuters) - Irish software firm Ion Investment Group Ltd said on Friday it had approached Fidessa Group with a proposal to buy the British software firm for 38.703 pounds per share, potentially countering a 1.4 billion pound ($1.96 billion) deal by Switzerland’s Temenos.

Ion said it approached Fidessa’s board and certain shareholders with the proposal, under which Fidessa shareholders would also get a special and final dividend totalling 79.7 pence per share. ($1 = 0.7115 pounds) (Reporting by Rahul B in Bengaluru; Editing by Gopakumar Warrier)

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