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VRNT - Verint Systems Inc News Story

$43.87 -1.0  -2.2%

Last Trade - 13/05/21

Sector
Technology
Size
Mid Cap
Market Cap £2.08bn
Enterprise Value £2.29bn
Revenue £906.4m
Position in Universe 1864th / 6856

BRIEF-Verint Closes $200 Million Investment By Funds Advised By Apax Partners

Thu 7th May, 2020 10:50pm
May 7 (Reuters) - Verint Systems Inc  VRNT.O :
    * VERINT CLOSES $200 MILLION INVESTMENT BY FUNDS ADVISED BY
APAX
PARTNERS
    * VERINT SYSTEMS INC - IN CONNECTION WITH CLOSING, JASON
WRIGHT,
PARTNER AT APAX PARTNERS, HAS BEEN APPOINTED TO CO'S BOARD
    * VERINT SYSTEMS INC - $200 MILLION FIRST TRANCHE INVESTMENT
IS IN
FORM OF CONVERTIBLE PREFERRED STOCK WITH AN INITIAL CONVERSION
PRICE OF $53.50

Source text for Eikon:  ID:nBw8jhkPva 
Further company coverage:  VRNT.O 

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