The first two paragraphs of our story headlined "Swiss Temenos to acquire Luxembourg Odyssey Group" and dated September 28, 2010 have been re-written to make clear that USD 101.3 million is the enterprise value, rather than the price, of the deal.
(ADPnews) - Sep 28, 2010 - Swiss banking software firm Temenos (SWF:TEMN) said yesterday it would buy Luxembourg-based sector player Odyssey Group for an enterprise value of USD 101.3 million (EUR 75.3m).
Temenos will pay USD 81 million from existing cash and facilities and will also take over USD 20.3 million of Odyssey debt.
The deal is expected …
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