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Kewill: Francisco, 2, Symphony,1

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And so we enter the next round of the bidding war for Guildford-headquartered supply chain and e-commerce software firm Kewill  (see Kewill lured by sweet strains of Symphony) as Francisco Partners ups its offer to 110p a share (see Kewill to leave its heart in Francisco), 4p more than Palo Alto-based private equity firm Symphony. Rather begs the question that if Kewill is worth over £100m, why couldn’t it get there by itself?


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