Reuters was first to report that A bidding war appears to be heating up for multi-billion Swiss franc software firm SoftwareOne Holding AG (SWON.S). SoftwareOne, which helps companies manage software purchases from vendors such as Microsoft, Adobe and IBM, received non-binding bids this week from private equity firms Bain Capital and Apax Partners.
DealsTechnology
SoftwareOne gets round of bids in strategic review
13 October 2023, 4:47 pm 1 minute
Market Impact
Most recently, SoftwareOne in August said a strategic review to maximise shareholder value was ongoing, as it reported a 1.7% drop in adjusted earnings before interest, depreciation and amortisation (EBITDA) for the first half of 2023 to 111.7 million Swiss francs.
Article Tags
Topics of Interest: DealsTechnology
Type: Reuters Best
Sectors: Business & FinanceFinancial ServicesMergers & AcquisitionTechnology
Regions: Europe
Countries: Switzerland
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
