(Adds details, background)
Dec 23 (Reuters) - Australia's ReadyTech Holdings (RDY) said on Friday that it would allow Pacific Equity Partners to come up with a more certain buyout proposal, just a day after the private-equity firm withdrew its offer for the company to work on a new one.
On Thursday, Pacific Equity Partners (PEP) withdrew its updated A$4.50 per-share takeover bid, which allowed ReadyTech shareholders to opt for cash, shares or a mix of both, without giving further details on the new plan or the withdrawal.
ReadyTech said its independent board committee had recommended engaging with PEP to work on a more certain proposal.
News: RDY UPDATE 1-Australia's ReadyTech will continue engaging with Pacific Equity Partners on...
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Last
$2.20 |
Change
0.010(0.46%) |
Mkt cap ! $271.8M | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.20 | $2.18 | $7.124K | 3.258K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1300 | $2.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 475 | 1 |
View Market Depth
| Last trade - 10.04am 10/09/2025 (20 minute delay) ? |
| RDY (ASX) Chart |