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FGS Global represents SoftwareOne as the Swiss technology company receives its second unsolicited takeover offer from private equity firm Bain Capital.
The $3.7B bid represents a 48 percent premium to SoftwareOne’s closing price on May 30, which was the last trading day before Bain’s first offer.
SoftwareOne’s board unanimously rejected Bain’s initial bid and will now assess the revised proposal and make a recommendation that is in the best interest of all shareholders.
Bloomberg reports that Bain has been seeking a deal for a European technology company after it exited the race for Germany’s Software AG.
Stanton CEO Alex Stanton handles media for Bain Capital.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
Uber’s Mike Lucarelli is moving to NXP Semiconductors as senior VP-investor relations.
