The independent directors of takeover target GlobeOp Financial Services have re-stated their support for an offer from US private equity giant TPG Partners after the prospect of a rival bid emerged. They said the £508m TPG bid represents “good value” after US firm SS&C Technologies, a rival to GlobeOp, said it has been performing due diligence. Connecticut based SS&C said there is no certainty it will make a bid.
GlobeOp directors back TPG bid
Tuesday 7th February 2012, 2:47am
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