SS&C said it intends to maintain Blue Prism's British headquarters as a UK robotic process automation centre.īlue Prism shareholder Coast Capital, which owns around 2.8% of the software company, last week had objected to Vista's revised offer saying it undervalues the firm and had instead backed the possible offer from SS&C made in mid-November. Vista did not immediately respond to a Reuters request for comment outside their regular business hours. U.S.-based fintech company SS&C's all-cash offer of 1,275 pence per Blue Prism share is higher than its earlier possible bid of 1,200 pence, and is above private equity firm Vista's final offer of 1,250 pence.īlue Prism chief Jason Kingdon said the combination with SS&C will offer access to "significant capital resources and investment in R&D alongside access to SS&C's extensive 18,000 customers".īlue Prism directors intend to unanimously recommend that shareholders vote in favour of the SS&C offer. Posted at 04:23 by 5shar If major investors in UIPATH knew that PRSM has NHS Telefonica many financial institutions eBay DWP just some of there clients especially with MSFT sniffing around and their war chest it would be a stupid decision not to take PRSM and their technologies for a 1/10th of UIPATH mkt cap it would also give UIPATH more money for R/D increasing size of company huge client base whilst new clients could have more options has to what suits their needs without this only a matter of time before MSFT with huge cash flow could invest in R_D and be unstoppable this gives UIPATH a chance of remaining a force due to competition rules and grows particularly important are UK clients NHS DWP EBAY and they hv Amazon etc together they can be a major force event if they pay 3000 per share the value of UIPATH would increase very quickly has it gives security that with PRSM takeover they hv become very big and have lots of different packages 2 offer MKT cap would increase far more than what they would pay and very quickly despite UIPATH being far larger in MKT CAP than PRSM there products are not has good for most so it makes perfect sense to take PRSM.Dec 1 (Reuters) - Software group Blue Prism (PRSMB.L) agreed to a 1.24 billion pounds ($1.65 billion) takeover offer from SS&C Technologies (SSNC.O) on Wednesday, withdrawing its backing for a bid from rival suitor Vista. I agree with Hazl, This company is a British gem. They have pots of cash, £126M at last report. I see no reason to sell the business in a pandemic. They want Brexit to fail and any company that appears to thrive must be punished until it goes bust or is bought out by rich Americans. May be a Frenchman, Oooh I did not say that. It is as if there is a very bitter remainer in charge of pricing the AIM market. They announced a 40% plus growth and the share price fell 25%. Since then the sales have grown 10 fold and the share price has halved. Why are the BOD trying to run the business down? I smell a conspiracy. The BP statement said that is 17% up on last year. The guidance for this year end was to expect ARR at low end of £170m, the fact that it came in at £179m is above guidance. On 18th June the Berenburg statement said "the problems at BP keep compounding", they did not have one good word to say about BP. The covid pandemic has decimated big business across the world with lockdowns. I think BP has done a very strong performance over this last year considering. Posted at 17:31 by captain galaxy Bigboi92 This is your Captain here.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |