Apptio Inc logo

APTI - Apptio Inc News Story

$37.97 0.0  0.0%

Last Trade - 09/01/19

Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £163.9m
Position in Universe th / 6827

Private equity firm Vista to buy software company Apptio for $1.9 bln - WSJ

Mon 12th November, 2018 2:42am
Nov 11 (Reuters) - Private equity firm Vista Equity Partners
is close to a deal to buy software company Apptio Inc  APTI.O 
for $1.9 billion, the Wall Street Journal reported on Sunday.
    Shareholders of Apptio would receive $38 per share in the
deal that could be announced as soon as Monday, the Journal
 citing people familiar with the matter.
    Vista and Apptio did not immediately respond to Reuters'
requests for comment late on Sunday.
    Shares of Bellevue, Washington-based Apptio closed at $24.85
on Friday, and the reported offer price would represent a
premium of about 53 percent. 

 (Reporting by Ismail Shakil in Bengaluru; Editing by Sunil
 ((; Within U.S. +1 646 223
8780, outside U.S. +91 80 6749 3538; Reuters Messaging:
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.