Warburg Pincus Moves to Delist PSI Software SE with Acquisition Offer

Warburg Pincus has announced a public delisting acquisition offer for PSI Software SE. This follows an agreement between Zest Bidco GmbH, under Warburg Pincus management, and PSI Software SE. The acquisition offer targets all outstanding shares, providing a cash consideration equal to the statutory minimum price.

The Management and Supervisory Boards of PSI have expressed support for the delisting. PSI plans to revoke its stock market admission at the Frankfurt Stock Exchange within ten banking days before the offer acceptance period ends. This could result in limited liquidity for PSI shares.

The offer document requires approval from Bafin, following which it will be published as per German stock exchange regulations. Notably, this delisting offer is not subject to conditions and details will be available online for stakeholders.