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Exact Holding Shares Rise Most Since 1999 After Takeover Reports

Exact Holding NV (EXACT), a Dutch software provider, saw its shares rise the most since its 1999 public offering, after Reuters reported the company is in takeover talks with private equity firms such as Apax and KKR & Co. LP (KKR), which may value the company at about 1 billion euros ($ 1.4 billion).

Shares of Exact rose as much as 43 percent to 36 euros. The shares are 29 percent higher at 33.40 euros at 1:39 p.m. in Amsterdam.

Spokesman Jelle Zuidema didn’t want to comment on the reports, and told Bloomberg the company would publish a statement shortly.

To contact the reporter on this story: Elco van Groningen in Amsterdam at vangroningen@bloomberg.net

To contact the editors responsible for this story: Simon Thiel at sthiel1@bloomberg.net Mark Beech, Tom Lavell

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