Accelya Solutions India hits 1-1/2-year high

Accelya Solutions India

19/11/2019 07:55

** Shares of Accelya Solutions India  ACCY.NS , the Indian
arm of the European airline services firm, rise as much as 16%
to 1,245.20 rupees, their highest since June 27, 2018
    ** U.S. buyout fund Warburg Pincus  WP.UL  said on Monday
that it had clinched a deal to sell Accelya to rival private
equity fund Vista Equity Partners for an undisclosed amount
 urn:newsml:reuters.com:*:nL8N27Y5HD
    ** The deal, which was first reported by Reuters, allows
Warburg Pincus to fully cash out after backing the
Barcelona-based company for the past two years
    ** Nearly 112,000 shares change hands vs the 30-day avg of
9,768 shares
    ** Stock up 12.94% this year, as of last close

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8067496031); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))