trending Market Intelligence /marketintelligence/en/news-insights/trending/RngXzI7rdCd662Mf3z2kEA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Bowmark increases buyout offer for Tax Systems

US Operators Bolster Downward Trajectory for US Cable Capex Forecast

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

CUSIP Requests Surge in September Led by Higher Corporate and Municipal Totals


Bowmark increases buyout offer for Tax Systems

Private equity firm Bowmark Capital LLP revised its takeover offer for Tax Systems plc to £1.15 per share in cash from £1.10 per share.

The increased offer values the U.K.-based corporation tax software company's entire share capital at about £102.3 million on a fully diluted basis. Tax Systems said its independent directors accepted the revised offer made by Stripes BidCo Ltd., a unit of funds managed by Bowmark and its affiliates.

Technology-focused adviser and inventor MXC Capital Ltd. agreed to waive the right to exercise 2,501,886 of the warrants it holds over Tax Systems ordinary shares in exchange for a £200,000 waiver fee from Stripes BidCo. Stripes BidCo also received an irrevocable undertaking from Weiss Asset Management LP to vote its 21,037,978 Tax Systems shares in favor of the transaction.

The cash consideration and the amount required to refinance the existing facilities of Tax Systems will be funded with £70.3 million in equity financing from the Bowmark Funds and certain debt facilities.

The court and general meeting for Tax Systems shareholders to vote for and approve the increased offer are scheduled for March 15.