SoftwareOne discusses potential sale with multiple parties after missing earnings estimates and reducing revenue guidance.
Swiss software services firm SoftwareOne confirms discussing potential sale with multiple parties, including Apax Partners, Bain Capital, and CVC, after missing earnings estimates and reducing full-year revenue guidance from 8-10% to 7-9%. The company's revenue growth slowed to 7% in the first half of the year, down from 7.4% in Q1. Discussions continue amidst challenging business conditions.
August 21, 2024
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