Billion Dollar Bid for Dutch Software


November 21, 2013

This week’s private equity deal of the week is one reported by Reuters, which involves a USD 1.6 billion  bid for Dutch software firm by the internationally active buyout house, Advent . The plan is to take private UNIT4, which is traded on the Amsterdam stock exchange. The plan is to invest for expansion of UNIT4, which is a profitable cloud computing company that competes with Oracle, and employs more than 4,000 people.

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