Investors flock to block of SoftwareOne

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By Sam Kerr
09 Oct 2020

A Sfr111m ($122m) trade in shares of SoftwareOne, a Swiss software company, on Thursday night earned a strong reception from investors, showing that there is still strong demand for growth-orientated tech stocks, despite deal execution in equity capital markets growing more difficult.

Citi, Credit Suisse, JP Morgan and UBS were bookrunners on the deal, sold by Raiffeisen Informatik.

The 4.4m share sale, a 2.8% stake in the company, was launched with reference to market at just before 4.50pm UK time on Thursday.

It was officially ...

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