Axway: contracts signed for operations with Sopra Steria

(CercleFinance.com) - Sopra Steria announces the signature of contracts for the sale to Axway Software of most of the activities of Sopra Banking Software, for an enterprise value of 330 million euros, and to Sopra GMT of 16.
7% of Axway's capital, for an amount of 95.9 million.

The financing structure for these transactions remains identical to that communicated in February, when the binding agreements were signed. The objective remains to complete these transactions as soon as possible by the end of the third quarter of 2024.

They will be subject to regulatory approvals, including a decision by the AMF regarding the absence of any obligation to file a draft public offer, and AMF approval of Axway's prospectus in connection with its capital increase.

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