Private equity firm Vista Equity Partners is reportedly planning to make a 1.3 billion pounds ($2.1 billion) offer for UK-based banking software maker Misys Plc (MSY.L,MUSJF.PK), Bloomberg said.
San Francisco-based Vista may offer 350 pence per share for Misys, which is also considering a joint offer from CVC Capital Partners Ltd. and ValueAct Capital, the largest shareholder in Misys.
Misys was also in merger talks with Geneva, Switzerland-based rival Temenos Group AG. However, last week the company confirmed that talks with Temenos ended as the parties were unable to agree on the final terms of a transaction.
Misys also added then that it continues to be in discussions with Vista, CVC Capital Partners Ltd. and ValueAct Capital.
Misys has formed an independent committee of the board of directors to consider all proposals before it.
Vista has to announce its plans about the offer for Misys before the U.K. market closes today, although a firm offer may not be disclosed.
MSY.L closed on Friday at 325.18 pence, up 2.68 pence, on a volume of 2.65 million shares.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.