Misys, the U.K. financial-software maker owned by Vista Equity Partners, plans to sell about 500 million pounds ($635 million) of stock in an initial public offering as the buyout firm prepares to cash out part of its 2012 investment in the company.
The IPO will give Misys a value of about 6 billion pounds including debt, people familiar with the matter said. The shares will begin trading on the London Stock Exchange in early November, the company said in a statement Thursday.
