Follow-On Offering

Technology & Services
Follow-On Offering

Summary

Baird served as a senior co-manager on this offering

About

DST Systems, Inc. (“DST” or the “Company”) (NYSE: DST) recently completed a follow-on offering of 5,357,200 shares of common stock at a price of $84.00 per share, generating gross proceeds of $450 million. All of the shares offered were sold by selling shareholders of DST, specifically the Argyros Group. The Company will not receive any proceeds from the sale of shares in the offering.

DST is a leading provider of proprietary technology-based information processing and servicing solutions to many of the largest financial services and healthcare companies around the world. The Company’s services include transaction processing, business process outsourcing, ancillary consulting and professional services, information technology services, integrated print, mail and electric customer communications solutions and data analytics. DST was established in 1969 and is headquartered in Kansas City, Missouri.

For additional information about this transaction, please contact:

Kiran Paruchuru (312) 609-4926
David Tutrone (312) 609-7021
Peter Kies (414) 765-7262
Greg Ingram (414) 298-7838
David Silver +44 (0) 20 7667 8216
Technology & Services
Follow-On Offering
Date
May 2014
Company
DST Systems, Inc.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

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