Canadian fintech DH Corp to be taken private in $3.6bn deal
Vista will combine DH with one of its portfolio companies, UK-based financial software firm Misys, which scrapped a planned London listing last year.
Vista's acquisition of DH is the largest takeover of a Canadian company by a foreign firm since December 2014, when Spain's Repsol agreed to buy oil producer Talisman Energy.
Vista offered C$25.50 in cash for each DH Corp share, an 11 percent premium to the stock's Friday close.
Formerly Davis + Henderson Corp, DH has transformed itself from a cheque printing company into a provider of payment and lending services.
DH has close to 8,000 customers, including Canada's five biggest lenders and more than half of the world's 50 largest banks. ■