| Updated:
Misys deal approved by Portugal
Vista was yesterday given the green light by the Portuguese antitrust authorities to go ahead with its planned £1.27bn takeover deal for financial software firm Misys. The two companies last week postponed the scheme court hearing, now scheduled for 28 May, citing problems with competition clearance in Portugal. The £3.50 per share acquisition is now set to complete in a fortnight, with Misys scheduled to leave the London Stock Exchange on 1 June.