- Swiss banking software developer Temenos AG ( OTCPK:TMNSF ) rose 4.6% amid a report that a small number of private equity firms are said to be looking at the company.
- PE firm Thoma Bravo is among parties that have recently shown interest in Temenos ( OTCPK:TMNSF ), according to a Dealreporter item, which cited sources familiar.
- The report comes after Bloomberg said earlier this month activist fund Petrus Advisers told the Temenos that it had taken a small stake in the banking software company.
- Temenos ( OTCPK:TMNSF ) attracted PE interest from PE firms EQT AB and Thom Bravo about a year ago, Bloomberg reported at the time.
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Temenos gains on report of private equity buyout interest