Temenos Is Said to Seek Fresh Interest From Buyout Firms (1)

April 6, 2023, 7:14 AM UTC

Temenos AG asked for fresh expressions of interest from potential suitors in recent weeks after takeover talks fell apart last year over price, people with knowledge of the matter said.

The Swiss banking software company is working with advisers to evaluate buyer appetite, according to the people, asking not to be identified discussing confidential information. Private equity firms including EQT AB, Permira, Nordic Capital, Thoma Bravo and KKR & Co. have looked at the business, they said.

Shares in Temenos rose as much as 4% in early trading on Thursday. The stock was up 2% at 9:04 ...

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