Founder Lomax 'Is Set to Quit' at Misys

Summary


Kevin Lomax is this week set to announce his decision to quit as chief executive of Evesham-based Misys, the banking and healthcare software group he founded in 1979, it was widely claimed over the weekend.

In recent weeks, the pounds 1.2 billion company has received several takeover approaches including one from Mr Lomax said to be backed by private equity firms Permira and General Atlantic.

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Extract


Founder Lomax 'Is Set to Quit' at Misys

But late on Friday night the group announced it had ...

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