Fresh hold-up for iSOFT takeover

Julian Bajkowski

Updated May 27, 2011 – 10.23am, first published at May 26, 2011 – 11.37am

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Computer Sciences Corporation’s attempt to snap up Australian software developer iSOFT at a firesale price has hit another hurdle.

Oceania Capital Partners, which holds 24.5 per cent of iSOFT’s shares through a convertible note, will now have its stake independently valued.

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