Mega-Misys IPO trimmed: Firm slashes expectations by £1bn

Misys, the British banking software business, has slashed the value of its initial public offering by £1bn. The London-based business is currently privately owned by Vista Equity Partners, which purchased Misys for £1.3bn back when it delisted in 2012, and has more than 4,600 employees on a global basis. It had first listed in …

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