Exclusive-Warburg Pincus nears deal to buy Germany’s PSI for more than 700 million euros, sources say

Warburg Pincus to buy Germany's PSI for over $813 million

Private equity firm Warburg Pincus is set to acquire German software firm PSI Software for over 700 million euros. The deal, valued at 45 euros per share, represents a significant premium and has received support from PSI's board and key shareholders. PSI plans to delist from the German stock exchange following the transaction.

Warburg Pincus to acquire Germany’s PSI Software in €700M deal (Pink Limited Info:PSSWF)

Warburg Pincus acquires PSI Software for €700M, offering a 50% share premium. Learn about the deal’s impact on the tech sector.

Exclusive-Warburg Pincus nears deal to buy Germany’s PSI for more than 700 million euros, sources say

MUNICH/FRANKFURT (Reuters) -Private equity firm Warburg Pincus is nearing a deal to buy German software maker PSI Software in a deal worth more than 700 million euros ($813 million), two people familiar with the matter said. The transaction would value PSI, a maker of software for energy networks, at 45 euros per share, the sources said, a premium of more than a third on Friday’s closing price. The deal is not finalised yet and details could sti…

Exclusive-Warburg Pincus nears deal to Buy Germany's PSI for More Than ...

Warburg Pincus to acquire German software firm PSI for over €700m

Warburg Pincus is set to acquire PSI Software (PSAGn.DE), a German provider of software solutions for power and gas transmission grids and industrial automation, in a deal valuing the company at over €700m ($813m), according to a report by Reuters. The transaction values PSI at €45 per share, representing a 50% premium over its closing stock price prior to the announcement. PSI’s board has backed the offer and intends to recommend it to sharehol…