US tycoon set to make billions on British tech giant: Misys returns in £5.5bn float after being sold for £1.3bn



Britain's original tech giant is returning to the London market – netting its secretive US owners millions and firing the starting gun on a float bonanza.
Misys, which builds financial software, hopes to sell 25 per cent of the business in what will be the biggest market float this year.
It plans to raise £500million in a deal that would value it at almost £5.5billion, far above the £1.3billion paid by private equity firm Vista Equity Partners in 2012.
Misys is owned by Tahoe Holdco Cayman Ltd – a business registered in the Cayman Islands tax haven. That in turn is controlled by Vista,... read more

 
6 October 2016 in Business, Views: 40
Source: Daily Mail
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