ADVENT MAKES UNIT4 OFFER

Unit4Advent International has begun its previously announced cash tender offer for all the shares of Unit4. The offering period for tendering shares began on December 23 and ends on February 28. The management and supervisory boards of Unit4, which markets the Coda and Agresso lines, have recommended the offer, which translates into about $53.23 per share with the total offering worth about $1.6 billion.

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