- Reuters
Axway in discussions to buy most of Sopra Steria's SBS unit for 330 million euros
Axway would acquire the activities based on an enterprise value of 330 million euros ($357 million), it said in a statement. Axway plans to finance the transaction by combining a capital increase of about 130 million euros with preferential subscription rights, along with new debt facilities for the balance. It has obtained a "comfort" letter from Société Générale and Groupe Crédit Agricole, two of its relationship banks, Axway said in a statement.
