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Switzerland’s SoftwareOne rejects Bain Capital’s lowered .5B takeover offer

Switzerland’s SoftwareOne rejects Bain Capital’s lowered $3.5B takeover offer

Following months of discussions and a reported bidding war, the board of Switzerland’s SoftwareOne has rejected private equity firm Bain Capital’s offer that saw a proposed valuation of 18.8 CHF per share ($3.5 billion). Comprised of 29 group companies, SoftwareOne offers software and cloud solutions and counts AWS, Adobe, VMware, and Autodesk among its 7,500...