HSN hansen technologies limited
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(Adds details on premium) June 7 (Reuters) - Hansen...

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    07/06/21
    09:20
    Post #: 53683925

    (Adds details on premium)

    June 7 (Reuters) - Hansen Technologies (HSN) said on Monday it had received a conditional and non-binding proposal from private equity firm BGH Capital to acquire the company in a deal that valued the billing solutions provider at A$1.3 billion ($1 billion).

    Hansen said BGH was offering A$6.50 in cash per share, which represents a premium of 25.5% to the company's last closing price.

    Hansen's board backed the proposal and said it had granted BGH Capital exclusivity and due diligence access. ($1 = 1.2923 Australian dollars)

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