A private equity firm has lost its bid for an early win in its £50 million ($66.7 million) claim that the previous owner of a software business it acquired breached warranties by incorrectly stating that the company had necessary software licenses.
A private equity firm has lost its bid for an early win in its £50 million ($66.7 million) claim that the previous owner of a software business it acquired breached warranties by incorrectly stating that the company had necessary software licenses.
Victory Capital Holdings urged Janus Henderson Group on Tuesday to engage on a revised takeover proposal that boosts the cash portion of its bid while trimming the stock component, a move that Victory said provides greater value certainty to Janus and its shareholders.
Insurance and risk management company Seventeen Group said Tuesday it has bought two insurance brokers to expand its U.K. retail division, adding £12 million ($16 million) in gross written premiums to the business.
Trustpilot Group PLC said Tuesday that it will launch a share buyback program worth up to £22.5 million ($30 million) when its current program wraps up in March.
