Vista Equity Partners-backed Misys is the latest firm to be affected by uncertainty in the UK public markets, with the banking software provider reportedly cutting the value of its forthcoming IPO by £1bn.
The business, which this month announced its intention to float, has requested permission from the UK Listing Authority to reduce its free-float from 25% to 20%, a source close to the matter told unquote"....
Alexandra Dupont, president of AFIC's women's association AFIC avec Elles, says the trend towards diversity is encouraging
CM-CIC takes over the majority stake acquired by Pragma Capital in 2006
GP exits the company after a four-year holding period in a deal valuing the business at €600m
Exit comes four years after the plastic extrusion company demerged from its tile accessories division