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Buyout firm Apax favorite to win Finastra unit in $2 billion deal, sources say

Channel News Asia LogoChannel News Asia23h ago

Buyout firm Apax favorite to win Finastra unit in $2 billion deal, sources say - Channel News Asia

Quick Summary:

LONDON :Private equity firm Apax Partners has emerged as the frontrunner to buy Finastra's treasury and capital markets (TCM) business for around $2 billion including debt, people familiar with the matter said on Friday.

Dealmaking activity has generally slowed in recent weeks as market volatility caused by U.S.

Apax and Vista declined comment.

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Buyout firm Apax favorite to win Finastra unit in $2 billion deal, sources say - Channel News Asia (Picture 1)Buyout firm Apax favorite to win Finastra unit in $2 billion deal, sources say - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 04:54:35 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 28325726

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 8 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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  • URL: https://z7.beamstart.com/news/buyout-firm-apax-favorite-to-17462264997766

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