Exclusive: SunGard to explore possible $10 billion sale - sources

Financial technology company SunGard Data Systems Inc is preparing to appoint financial advisers to explore a sale that could value it at as much as $10 billion, including debt, people familiar with the matter said on Friday. SunGard has asked investment banks vying for advisory mandates to prepare for interviews as early as next week, the people said. The company plans to simultaneously explore an outright sale as well as a potential initial public offering, the people added. Private equity-owned SunGard decided to explore a sale after it was approached by at least one other company about a potential takeover, one of the people added.



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