Deals
Advent to Buy Dutch Software Maker Unit4 for $1.6 Billion
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Advent International agreed to acquire Unit4 NV for about 1.15 billion euros ($1.6 billion), a deal that will allow the Dutch software maker to continue its expansion outside Europe.
Unit4 investors will get 38.75 euros in cash for each share they hold in a deal supported by both management and supervisory boards, the companies said in a joint statement. That’s 10 percent more than the stock’s Nov. 15 close in Amsterdam. Unit4 jumped as much as 8.7 percent today.