financetom
Business
financetom
/
Business
/
Exclusive-Warburg Pincus nears deal to buy Germany's PSI for more than 700 million euros, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Exclusive-Warburg Pincus nears deal to buy Germany's PSI for more than 700 million euros, sources say
Oct 12, 2025 10:35 AM

MUNICH/FRANKFURT (Reuters) -Private equity firm Warburg Pincus is nearing a deal to buy German software maker PSI Software in a deal worth more than 700 million euros ($813 million), two people familiar with the matter said.

The transaction would value PSI, a maker of software for energy networks, at 45 euros per share, the sources said, a premium of more than a third on Friday's closing price.

The deal is not finalised yet and details could still change, the people said.

PSI declined to comment.

Warburg Pincus was not immediately available for comment.

($1 = 0.8607 euros)

(Reporting by Alexander Huebner and Christoph Steitz; Editing by Ros Russell)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Natural Resource Partners Q4 Earnings, Revenue Decrease; Special Distribution Declared
Natural Resource Partners Q4 Earnings, Revenue Decrease; Special Distribution Declared
Mar 11, 2026
07:27 AM EST, 02/27/2026 (MT Newswires) -- Natural Resource Partners ( NRP ) reported Q4 earnings Friday of $2.27 per diluted common unit, down from $3.15 a year earlier. Revenue for the quarter ended Dec. 31 was $46.7 million, down from $65.7 million a year earlier. The company also set a special distribution of $0.12 per common unit, payable March...
Anthropic CEO Refuses to Allow Pentagon Use AI Tech for Mass Surveillance, Autonomous Weapons
Anthropic CEO Refuses to Allow Pentagon Use AI Tech for Mass Surveillance, Autonomous Weapons
Mar 11, 2026
07:24 AM EST, 02/27/2026 (MT Newswires) -- The CEO of Amazon ( AMZN )-backed (AMZN) Anthropic said Thursday that his company would refuse to allow its AI models to be used by the US military for mass surveillance or autonomous warfare despite an ultimatum to submit to Pentagon demands by Friday. Chief Executive Dario Amodei said that while his company's...
Panama officials search CK Hutchison's subsidiary office, source says
Panama officials search CK Hutchison's subsidiary office, source says
Mar 11, 2026
Feb 26 (Reuters) - Panamanian authorities conducted a search of a local office belonging to a unit of Hong Kong conglomerate CK Hutchison ( CKHUF ) office, a source familiar with operation told Reuters on Thursday. The person said the search was not related to the current dispute over the Panama Canal ports. Panama's government recently annulled CK Hutchison's (...
Australia's Appen says being the Switzerland of AI boosts demand for its human testing
Australia's Appen says being the Switzerland of AI boosts demand for its human testing
Mar 11, 2026
SYDNEY, Feb 27 (Reuters) - Australia's Appen ( APPEF ), a big supplier of human assessment of artificial intelligence systems, said rising technology protectionism would boost demand in the United States and China for its services that use real people to train and test models. The outlook offers a counterintuitive glimpse of AI-era winners. While automation drives mass layoffs at...
Copyright 2023-2026 - www.financetom.com All Rights Reserved