Silver Lake secures 84.29% stake in Software AG

Software AG

20/07/2023 09:15

BERLIN, July 20 (Reuters) - Silver Lake  SILAK.UL  has
secured a 84.29% stake in Software AG  SOWGn.DE , subject to
closing of the tender offer, the U.S. private equity firm said
on Thursday.
    The transaction is expected to close in the fourth quarter
pending regulatory approvals, it added.

 (Writing by Friederike Heine; editing by Matthias Williams)
 ((friederike.heine@thomsonreuters.com;))