TORONTO, June 9, 2017 /CNW/ - DH Corporation (TSX: DH) ("D+H" or the "Company"), a leading provider of technology solutions to financial institutions globally, announced today that all of the required regulatory approvals have been obtained with respect to the proposed plan of arrangement (the "Arrangement") involving an affiliate of Vista Equity Partners (the "Purchaser") pursuant to which the Purchaser will acquire all of the outstanding common shares of D+H for $25.50 per share in cash.
The parties currently anticipate that the transaction will close on or about June 13, 2017.
Shareholders who have questions or require assistance with submitting their shares to the Arrangement may direct their questions to CST Trust Company, who is acting as depositary under the Arrangement, toll free at 1-800-387-0825 or within Canada at 416-682-3860 or by email at email@example.com. A detailed description of the Arrangement is set forth in the management information circular of the Company dated April 6, 2017, which is available under D+H's profile on SEDAR at www.sedar.com.
D+H (TSX: DH) is a leading financial technology provider that the world's financial institutions rely on every day to help them grow and succeed. Our global payments, lending and financial solutions are trusted by nearly 8,000 banks, specialty lenders, community banks, credit unions, governments and corporations. Headquartered in Toronto, Canada, D+H has more than 5,500 employees worldwide who are passionate about partnering with clients to create forward-thinking solutions that fit their needs. With annual revenues in excess of $1.6 billion CAD, D+H is recognized as one of the world's top FinTech companies on IDC Financial Insights FinTech Rankings and American Banker's FinTech Forward rankings. For more information, visit dh.com.
SOURCE DH Corporation
For further information: Anthony Gerstein, Head of Investor Relations, DH Corporation, 212-331-3937, Anthony.firstname.lastname@example.org or email@example.com.