Britain’s Blue Prism accepts Vista’s final $ 1.63 billion takeover offer

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Britain’s Blue Prism has accepted a final takeover offer for Vista Equity, valuing the robotics software company at 1.22 billion pounds ($ 1.63 billion), the US private equity firm said on Thursday, exceeding an offer from SS&C Technologies.

Vista’s increased 1,250 pence-per-share cash offer comes amid objections to the deal from activist investor Coast Capital, which backed the US-based SS&C proposal.

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(US $ 1 = 0.7506 pounds)

(Report by Aby Jose Koilparambil in Bengaluru, edited by William Maclean)

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