UK’s Alfa Financial discloses $773 million buyout offer from EQT

(Reuters) – UK’s Alfa Financial Software said on Friday it had received a number of unsolicited buyout proposals from investment firm EQT, with the latest offer at 208 pence in cash, valuing the company at 614.6 million pounds ($772.86 million).

The company, which provides software for the asset finance industry, said EQT’s latest proposal also gave shareholders the option to elect for a partial unlisted share alternative offer.

EQT did not immediately respond to a Reuters request for comment.

($1 = 0.7952 pounds)

(Reporting by Eva Mathews in Bengaluru; Editing by Shailesh Kuber)