Filing Flows › Open Text (OTEX) › Takeover & LBO
Is Open Text (OTEX) a takeover target?
A leveraged buyout does not work for Open Text on its latest figures: the figures a buyout model needs (revenue, EBITDA, the share count and the price) are not all on file. Historically 3.0% of companies with its figures were bought within a year (0.6× the average). Latest signal (2026-11-05): OpenText Reports First Quarter Fiscal Year 2027 Financial Results.
Why a leveraged buyout does not fit
The buyout model needs Open Text's revenue, EBITDA, share count and share price; not all of them are on file, so it gives no buyout price.
What a takeover could cost
Takeovers in its sector paid a median premium of 30% over the share price before the deal (the middle half 12% to 31%), according to the 14 merger proxies and tender-offer responses on EDGAR that state a premium.
The odds, from history
Historically 3.0% of companies with its figures were bought within a year (0.6× the average). Its figures put it in decile 2 of 10 (10 = the most likely to be bought). The odds come from a model of every merger proxy, tender-offer response and going-private statement filed on EDGAR since 2011, set against each company's size, margins, debt, cash flow and growth the year before.
Rumors and deal signals
- 2026-11-05 · 8-K deal · OpenText Reports First Quarter Fiscal Year 2027 Financial Results
Open Text's latest quarter
Open Text, Q1 FY27: revenue $1.2B (-4% year over year), operating margin 20.3%, net earnings $155M, operating cash flow $172M. The chart follows the revenue to costs, profit and cash.
Questions
Is Open Text being acquired?
The latest signal on file is from 2026-11-05: OpenText Reports First Quarter Fiscal Year 2027 Financial Results. A headline is not a deal; Filing Flows lists the news, 8-K filings and 13D filings about a sale.
Could private equity buy Open Text?
A leveraged buyout does not work for Open Text on its latest figures: the figures a buyout model needs (revenue, EBITDA, the share count and the price) are not all on file. The model gives no buyout price until they are.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.