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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.

Solium Capital Inc. Announces Acquisition Of SVB Analytics, Inc.'s CapMx Business

Tuesday, 8 May 2012 08:00am EDT

Solium Capital Inc. announced that it will acquire the CapMx business of SVB Analytics, Inc., a member of SVB Financial Group. SVB Analytics, offers solutions tailored to the needs of private technology and life science companies and their venture capital investors. The CapMx business provides software and support that enable companies to efficiently and accurately track and maintain their equity in connection with private company stock options, common and preferred stock, restricted stock, and warrant programs. In addition, CapMx Equity Compensation Management and Equity Enterprise includes an electronic option delivery tool to reduce hard-copy paper documentation of options, and tools enabling companies to model over-hang, future financing rounds and exit scenarios. Solium will continue to offer these services to current and prospective clients. The transaction is expected to close by the end of May 2012. The completion of the transaction is subject to customary closing conditions. Terms of the transaction were not disclosed

Recommended Cash Offer By SS&C Technologies Holdings Inc's SS&C Technologies Holdings Europe S.a r.l. For GlobeOp Financial Services S.A.

Tuesday, 24 Apr 2012 02:00am EDT

SS&C Technologies Holdings Inc's indirect wholly owned subsidiary, SS&C Technologies Holdings Europe S.a r.l. (Bidco) announced that on March 14, 2012 the Board of Bidco and the independent directors of GlobeOp Financial Services S.A. (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. On April 20, 2012 TPG announced that it did not intend to make a revised offer for GlobeOp and, accordingly, the TPG Offer will lapse if it has not become unconditional as to acceptances by 1.00 p.m. (London time) on April 25, 2012. 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 in respect of 26,789,547 GlobeOp Shares representing approximately 24.9% of the existing issued share capital of GlobeOp, which Bidco may count towards the satisfaction of the Acceptance Condition to the Offer. So far as Bidco is aware, none of these acceptances have been received from persons acting in concert with Bidco. The Offer 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 8, 2012. Terms of the transaction were not disclosed.

SS&C Technologies Holdings Inc Announces Recommended Cash Offer For GlobeOp Financial Services S.A

Wednesday, 14 Mar 2012 11:45am EDT

SS&C Technologies Holdings Inc and GlobeOp Financial Services S.A. announced that its terms of a recommended transaction under which SS&C (through a wholly owned subsidiary, SS&C Technologies Holdings Europe S.a r.l.(Bidco)), will acquire all of the issued and to be issued share capital of GlobeOp for GBP0.485 ($7.63) per share in cash. The transaction has been unanimously approved by the board of directors of SS&C and the independent directors of GlobeOp. The independent directors of GlobeOp unanimously intend to recommend that its shareholders accept the Offer. The transaction will be implemented by way of a takeover offer extended to all shareholders of GlobeOp.

SS&C Technologies Holdings Inc Updates Possible Offer For GlobeOp Financial Services S.A.

Thursday, 8 Mar 2012 02:00am EST

SS&C Technologies Holdings Inc announced that on February 23, SS&C Technologies Holdings, Inc. (SS&C) made a proposal to the independent directors of GlobeOp regarding a possible cash offer for the Company. Following further discussions between SS&C and the Independent Directors, SS&C made an improved proposal, under which GlobeOp shareholders would be entitled to receive GBP4.85 in cash for each GlobeOp share. The Independent Directors have indicated that, subject to the finalisation of the terms and conditions of the offer, they would be willing to recommend an offer made by SS&C at this level. SS&C continues to conduct due diligence on GlobeOp and urges shareholders to take no action in respect of the offer by GEO 3 & Co. S.C.A. There can be no certainty that an offer will be made by SS&C. A further announcement will be made when appropriate.

vwd Vereinigte Wirtschaftsdienste AG to Take Over EDG AG

Thursday, 1 Mar 2012 07:20am EST

vwd Vereinigte Wirtschaftsdienste AG announced that it has received a letter from Mr. Phillip Henrich, Member of the Management Board of EDG AG. The letter refers to agreement of February 11, 2009 (Option Agreement), according to which the put option should be exercised. As a result the Members of the Shareholder Group intend to hand over their 49% shares held in EDG AG, as well as 49% held in European Derivatives Group AG.

Shanghai Great Wisdom Co Ltd to Acquire Equity Shares

Monday, 27 Feb 2012 07:00pm EST

Shanghai Great Wisdom Co Ltd announced that it will acquire a combined 70% stake in a Shanghai-based information technology company, which is engaged in the sale of computer software, hardware and electronic products, development, transferring and advisory of electronic information, communication, automation technologies, as well as import and export of goods and technologies, from Wang Jianbin, Dai Jianbiao, Xue Jiangbo and Cao Xiaopeng for totally RMB 27.30 million.

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