Misys eyes another float attempt as window opens for new listings

The banking software provider Misys is dusting off plans for a multibillion-pound stock market float, following an aborted attempt to return to the public markets last year. No final decisions have been taken and no formal processes are under way, but Misys’ private equity owner, Vista Equity Partners, remains keen to cash in on the company. Vista aimed to float around a fifth of Misys on an equity valuation of up to £3.75bn, after cutting £1bn from its expectations based