(Reuters) -Private equity firm Warburg Pincus struck a deal to buy Germany's PSI Software for more than 700 million euros ($811 million), with shareholder E.ON remaining a strategic investor, the companies said on Monday. Reuters first reported on both a nearing takeover of PSI on Friday and Warburg Pincus' offer for the maker of software for energy networks on Sunday. Having jumped nearly 11% on Friday after the news broke, PSI shares had gained a further 35% at 0733 GMT, reaching 44.7 euros – their highest since January 2022. That was close to the offered price of 45 euros apiece in Warburg Pincus' deal, amounting to a premium of about 50% from the company's closing price on Thursday. MANAGEMENT STRUCTURE TO BE MAINTAINED PSI's software helps run power and gas transmission grids as well
Warburg Pincus to buy Germany's PSI for over 700 million euros

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