Deals
SoftwareOne Launches Review After Rejecting Second Bain Bid
- Swiss IT services provider open to discussing sale, merger
- Bain’s latest bid of up to 20.50 francs a share still too low
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SoftwareOne Holding AG has launched a strategic review of its business after rejecting an improved takeover offer from private equity firm Bain Capital.
This Swiss IT services provider said in a statement on Monday that it will explore all options to create value for its investors, including by continuing to operate as a public company, or via a sale or merger.