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SS&C Technologies Holdings, Inc.'s SS&C Technologies Holdings Europe S.a r.l. Updates On Recommended Cash Offer For Globeop Financial Services SA


Wednesday, 9 May 2012 02:00am EDT 

Globeop Financial Services SA announced that on March 14, 2012 the Board of SS&C Technologies Holdings Europe S.a r.l. (Bidco) and the independent Directors of GlobeOp announced that they had agreed on the terms of a recommended cash offer to be made by Bidco to acquire the entire issued and to be issued share capital of GlobeOp (the Offer). Other than as expressly set out in this announcement, capitalised terms used in this announcement shall have the meaning given to them in the Offer Document. On April 24, 2012 Bidco announced that, as at 5.00 p.m. (London time) on April 23, 2012, being the First Closing Date of the Offer, Bidco had received valid acceptances of the Offer representing approximately 24.9% of the existing issued share capital of GlobeOp which it could count towards the satisfaction of the Acceptance Condition to the Offer. Bidco also announced that the Offer would be extended and would remain open for acceptance until 1.00 p.m. (London time) on May 8, 2012. The offer, which remains subject to the terms and conditions set out in the offer document, is being extended and will remain open for acceptance until the next closing date which will be 1.00 p.m. (London time) on May 14, 2012. 

Company Quote

31.95
0.24 +0.76%
23 May 2013