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UK's Blue Prism agrees to $1.63 bln final takeover offer from Vista

Thu, 25th Nov 2021 18:32

Nov 25 (Reuters) - Britain's Blue Prism has agreed
to a final takeover offer from Vista Equity, valuing the
robotics software company at 1.22 billion pounds ($1.63
billion), the U.S. private equity firm said on Thursday, topping
an offer from SS&C Technologies.

The increased 1,250 pence-per-share cash offer from Vista
comes amid objections to the deal from activist investor Coast
Capital, who has supported U.S.-based SS&C's proposal.
($1 = 0.7506 pounds)
(Reporting by Aby Jose Koilparambil in Bengaluru, Editing by
William Maclean)

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