Sapiens International Stock Soars 44%. It’s Going Private. - Barron's
1. Sapiens International announced being taken private by Advent for $43.50/share. 2. Valuation of the deal is approximately $2.5 billion. 3. Stock price surged 44% to $42.37 in premarket trading. 4. Transaction aims to boost innovation in insurance technology sector. 5. Deal completion expected in late 2025 or early 2026.