Deals of the day-Mergers and acquisitions

Software AG

27/12/2023 14:34

(Adds: Hollysys Automation Technologies)
       Dec 27 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1430 GMT, on
Wednesday:

        ** Hollysys Automation Technologies  HOLI.F  said that
it was going ahead with private equity firm Ascendent's takeover
offer valued at $1.66 billion as it struggled to find a better
bid from interested parties during the "go-shop" period.
  
         urn:newsml:reuters.com:*:nL4N3DM1RN
  
    
    ** Germany's Software AG  SOWGn.DE  has invited competitors
and investors to submit bids for two software platforms and is
looking at options for a third one, the Handelsblatt daily
reported, citing sources familiar with the talks.
     urn:newsml:reuters.com:*:nL6N3DM069

 (Compiled by Rajarshi Roy and Sneha S K in Bengaluru)
 ((Sneha.sk@thomsonreuters.com))