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SS&C ups bid to cement Mainstream acquisition


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In what represents a key decision for SS&C’s strategy to more fully enter the superannuation fund administration market, its acquisition target Mainstream has decided to stick with SS&C in the face of an unsolicited bid from Apex Group Limited. 
Mainstream announced to the Australian Securities Exchange (ASX) that an improved offer from SS&C had persuaded it to stick with SS&C and terminate its discussions with Apex. 
Apex’s unsolicited offer of $2.65 cash per share had bettered SS&C’s original offer to Mainstream prompting SS&C to lift its original bid to $2.66 per share.  ....

Apex Group , Australian Securities Exchange , Ss Amp C , Sapex Group Limited , உச்சம் குழு , ஆஸ்திரேலிய பத்திரங்கள் பரிமாற்றம் ,

Mainstream (ASX:MAI) share price surges 7% to new record high


Mainstream (ASX:MAI) share price surges 7% to new record high
Ken Hall | April 30, 2021 11:13am |
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The 
Mainstream Group Holdings Ltd (ASX: MAI) share price has rocketed more than 7% as it returned to the ASX boards this morning.
Why the Mainstream share price is surging
Mainstream yesterday provided an update on the ongoing takeover battle to acquire all the company’s shares. The Aussie financial administrator received an updated offer to acquire its shares. It comes after previous offers from both
SS&C Solutions Pty Ltd (SS&C).
The Mainstream share price has this morning surged to a new record high of $2.41 per share following an updated offer from SS&C. Mainstream received an unsolicited, non-binding offer from global fund administrator ....

Scott Phillips , Vistraand Ssc Solutions Pty Ltd , Apex Group , Mainstream Group Holdings Ltd , Solutions Pty Ltd , Sapex Group Limited , Revised Scheme , Motley Fool Share Advisor , ஸ்காட் பிலிப்ஸ் , உச்சம் குழு , பிரதான நீரோடை குழு ஹோல்டிங்ஸ் லிமிடெட் , தீர்வுகள் ப்டி லிமிடெட் , உச்சம் குழு வரையறுக்கப்பட்டவை ,