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Rubik Financial under $68m takeover bid from Swiss banking tech giant

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Australian Broker | 16 Feb 2017, 08:00 AM Agree 0
The deal follows a decade-long business partnership between the companies
  • Team D | 16 Feb 2017, 08:45 AM Agree 0
    Big premium but pennies compared to what it was worth. Makes you wonder what a giant banking software company will do with some wealth and mortgages products / divisions.
  • B.S. | 16 Feb 2017, 02:17 PM Agree 0
    Team D

    Unless you're an investor, what do you care??

    Maybe they'll shake things up a little and bring more product offerings to the market.

    I welcome it
  • LC Raider | 17 Feb 2017, 10:01 AM Agree 0
    I doubt it B.S.... Temenos has no interest in mortgages by the look of their website and if Team D was an investor, he would have lost a bomb given the huge decline in share price since Rubik entered the mortgage market by buying Stargate & Pisces. I only hope that my aggregator who uses Symmetry doesn't get screwed by a global player coming in and giving the product no love.
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