-+ 0.00%
-+ 0.00%
-+ 0.00%
PSI Software to Raise EU29 Million via Cash Capital Increase
Share
Listen to the news
04:30 AM EDT, 07/15/2026 (MT Newswires) -- PSI Software (PSAN.F) will raise 29 million euros through a cash capital increase subscribed by Warburg Pincus' Zest BidCo, according to a Wednesday release. The German software developer will issue 644,444 new shares at 45 euros each to the bid company, which is behind the private equity group's voluntary tender offer for PSI. The subscription will take Warburg Pincus' stake in PSI to 83% from 82.3%. Meanwhile, PSI Software expects Warburg Pincus' voluntary tender offer for the company to be completed on Wednesday.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending