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UNCOOKED ALERT: Temenos said to ... - Part 5

Arch rivals at Bloomberg dug out a decent scoop this morning about an activist fund taking a stake in Temenos, the Switzerland-listed banking software company.

According to Bloomberg, Petrus has bought a shareholding of less than 3pc in Temenos and written a scathing letter to the company's chairman, Andreas Andreades, questioning his and his chief executive's ability to turn the company around and arrest the share price decline. Below is the link:..