** Sesame pulls out of takeover talks

According to a statement issued this morning, Sesame is still not core to Misys’ company strategy, however, it could not agree a sale price which it believes “reflects good value for the business in relation to its asset value and long-term prospects”. Rumours of a potential buyer at Sesame began circulating the market some weeks ago, but the potential bidder is still unknown. Kevin Lomax, chief executive of Misys plc, says the board does not believe it is in shareholders’ interests to make the sale “at this time” so Sesame will continue to be owned and managed by Misys “for the foresee...