Bid Approach Sends Misys Shares Soaring

The JournalJune 22, 2011

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Summary


MISYS, a leading supplier of software to the banking industry, saw its market value soar to near pounds 1.5bn after it revealed a takeover approach.

The disclosure from Misys, which has offices in Worcester and London and employs 4,000 people worldwide, ends weeks of speculation that the group was a bid target.

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Extract


Bid Approach Sends Misys Shares Soaring

Shares in the group jumped to a new 10-...

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