CVC Capital Partners Ltd. and ValueAct Capital Master Fund, L.P. confirmed that they do not intend to proceed with an offer for Misys Plc (MSY.L,MUSJF.PK).
On March 5, 2012, funds advised by CVC and ValueAct had announced that they had concluded an agreement to work together with a view to making a recommended joint cash offer for Misys.
On March 19, Magic Bidco Ltd., an investment vehicle indirectly owned by funds managed or advised by Vista Equity Partners, LLC had announced a firm intention to make an offer for Misys pursuant to Rule 2.7 of the City Code on Takeovers and Mergers.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.