TASE:NICESoftware
NICE Actimize Sale Draws Bidders As Market Reassesses Undervalued Stock
NICE (TASE:NICE) is progressing with the planned sale of its Actimize financial crime unit, with five bidders moving into the second phase of the process.
The potential divestiture, reportedly valued around $2.5b, has drawn interest from both private equity and corporate buyers.
The review of Actimize comes as NICE evaluates how to position its portfolio and capital for future growth areas, including AI related opportunities.
NICE enters this Actimize sale process after a difficult stretch...