Silverlake forms unit to launch bid for NZ firm
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Singapore
MAINBOARD-LISTED Silverlake Axis (Silverlake) on Thursday revealed that it has formed a company, Silverlake HGH, to launch a takeover offer for Finzsoft Solutions - an Auckland-based financial technology company that develops and implements software and solutions for banks and financial institutions in New Zealand and Australia - at a price of NZ$3 per share.
The acquisition will allow Silverlake to expand its existing portfolio of software solutions and deliver new collaborative digital economy offerings throughout the Asia Pacific region.
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