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FNZ ups ante in GBST battle, offers $3.65 a share

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GBST Holdings' board has something important to think about over the weekend.

Street Talk understands UK-based suitor FNZ has returned fire in a bidding war with American rival SS&C Technologies, lobbing a fresh takeover offer on Friday afternoon.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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Original URL: https://www.afr.com/technology/fnz-ups-anti-in-gbst-battle-offers-3-65-a-share-20190704-p52407