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SoftwareOne says discussions with potential buyers 'ongoing'

ZURICH (Reuters) – SoftwareOne on Wednesday said discussions with potential buyers were ongoing as the Swiss software services company reported a slowdown in revenue growth and adjusted its full-year guidance downwards.

Revenue increased by 7.0% in first half of the year, said the company, which has attracted takeover interest from Apax Partners, Bain Capital and CVC.

The increase, measured in constant currencies, was a decline from the 7.4% rate in the first quarter.

(Reporting by John Revill, Editing by Miranda Murray)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

source: https://theprint.in/tech/softwareone-says-discussions-with-potential-buyers-ongoing/2231523/

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