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Temenos Group AG (TEMN.S)

TEMN.S on Swiss Exchange

109.10CHF
22 Feb 2018
Change (% chg)

CHF-4.90 (-4.30%)
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CHF114.00
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Thu, Feb 22 2018

Temenos confident it can accelerate sales at Fidessa: CEO

ZURICH Temenos's planned 1.4 billion pound ($1.95 billion)takeover of financial software peer Fidessa Group will enable faster sales growth at the British company, Temenos Chief Executive David Arnott told Reuters on Thursday.

Temenos confident it can accelerate sales at Fidessa - CEO

ZURICH Temenos's planned 1.4 billion pound ($1.95 billion)takeover of financial software peer Fidessa Group will enable faster sales growth at the British company, Temenos Chief Executive David Arnott told Reuters on Thursday.

Temenos confident it can accelerate sales at Fidessa - CEO

ZURICH, Feb 22 Temenos's planned 1.4 billion pound ($1.95 billion)takeover of financial software peer Fidessa Group will enable faster sales growth at the British company, Temenos Chief Executive David Arnott told Reuters on Thursday.

Deals of the day-Mergers and acquisitions

Feb 21 The following bids, mergers, acquisitions and disposals were reported by 2045 GMT on Wednesday:

Temenos agrees 1.4 billion pound deal for Fidessa, activist Elliott enters

ZURICH Temenos agreed a 1.4 billion pound takeover of British software peer Fidessa Group on Wednesday, whose shares traded above the offer price after activist investor Elliott Capital Advisors disclosed a stake.

Temenos agrees 1.4 billion pounds deal for Fidessa, activist Elliott enters

ZURICH Temenos agreed a 1.4 billion pound ($1.96 billion) takeover of British software peer Fidessa Group on Wednesday, whose shares traded above the offer price after activist investor Elliott Capital Advisors disclosed a stake.

UPDATE 2-Temenos agrees 1.4 bln stg deal for Fidessa, activist Elliott enters

* Elliott Capital Advisors discloses nearly 5 pct Fidessa stake (Updates market reaction, adds details on Elliott)

Temenos agrees 1.4 bln pounds deal to buy British software house Fidessa

ZURICH, Feb 21 Swiss banking software company Temenos on Wednesday said it has agreed with the board of Fidessa Group to buy the British financial software company for about 1.4 billion pounds ($1.96 billion).

BRIEF-Temenos: Recommended Acquisition Of Fidessa Group Plc

* RECOMMENDED ACQUISITION OF FIDESSA GROUP PLC (“FIDESSA”) BY TEMENOS GROUP AG (“TEMENOS”)

Temenos in talks to buy British trading software company Fidessa

Swiss banking software supplier Temenos is in talks to buy Fidessa Group for about 1.4 billion pounds ($1.96 billion), it said on Tuesday, to add the British company's equities-trading technology to its portfolio.

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