DH Corporation confirms process and formation of Special Committee
TORONTO, Dec. 7, 2016 /CNW/ - DH Corporation (TSX:DH) ("DH" or the "Company"), a leading provider of technology solutions to domestic and global financial institutions, today acknowledged that a process has been established by its Board of Directors, including the formation of a Special Committee of independent Directors, to address expressions of interest from certain third parties to acquire DH. No formal offers have been received and there can be no assurances that any transaction will result from this process.
The Special Committee has retained Credit Suisse and RBC Capital Markets as its financial advisors and Stikeman Elliott LLP as legal advisor to assist in this effort.
DH does not intend to comment further on these or other discussions unless a definitive agreement is reached with any third party or unless otherwise required by law.
D+H (TSX: DH) is a leading financial technology provider that the world's financial institutions rely on every day to help them grow and succeed. Our global payments, lending and financial solutions are trusted by nearly 8,000 banks, specialty lenders, community banks, credit unions, governments and corporations. Headquartered in Toronto, Canada, D+H has more than 5,500 employees worldwide who are passionate about partnering with clients to create forward-thinking solutions that fit their needs. With annual revenues in excess of $1.5 billion, D+H is recognized as one of the world's top FinTech companies on IDC Financial Insights FinTech Rankings and American Banker's FinTech Forward rankings. For more information, visit dh.com.
SOURCE DH Corporation