Swiss Banking Software Supplier Contemplating Purchase of Fidessa

[kreslik.news]

One of the leading London-based financial technology companies, Fidessa is said to be in talks with Swiss Temenos. The Geneva-headquartered banking software supplier is considering to offer the UK company £1.4 billion ($1.96 billion).

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The main focus of the deal is Fidessa’s equities-trading technology. The Swiss company has shared the news in an official regulatory announcement. Under the terms of the deal that is being discussed, shareholders of Fidessa receive 35.67 pounds in cash for each share. In addition, they will also be paid a dividend of 0.797 pounds ... (read more)