Misys Plc says it is considering making an offer for the entire issued ordinary share capital of Burns-Anderson Independent Network Plc, BAIN, in connection with a refinancing of BAIN, subject to a number of material pre-conditions; no formal proposals have been made. The offer would be subject to a check that BAIN’s activities are similar […]
Misys Plc says it is considering making an offer for the entire issued ordinary share capital of Burns-Anderson Independent Network Plc, BAIN, in connection with a refinancing of BAIN, subject to a number of material pre-conditions; no formal proposals have been made. The offer would be subject to a check that BAIN’s activities are similar to those of its Countrywide Group, which provides services to independent financial advisors, and is part of the financial services division of Misys. BAIN’s net assets stood at UKP534,000 at the end of 1992.
