Formula Systems is in deep negotiations to sell its controlling stake in Sapiens
Calcalist reported, citing an unnamed executive from Sapiens, that Formula Systems is in advanced negotiations to sell its controlling stake in the software vendor Sapiens, which is valued at approximately $2 billion. The news site stated that the potential buyer is a U.S. investment fund, but did not provide specific details
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments