NTO nitro software limited
Add to My Watchlist 0.00% ! $2.19

Australian investment firm Potentia Capital Management has...

  1. Hot News
    193,698 Posts.
    lightbulb Created with Sketch. 2825
    clock Created with Sketch.
    28/10/22
    11:25
    Post #: 64452883

    Australian investment firm Potentia Capital Management has increased its offer for Nitro Software Ltd (NTO) to $A1.80 per share, valuing the company at A$430 million, according to a statement on Friday.

    Potentia said the offer would be its final after an indicative $1.58 per share bid was made in August.

    The deal is the second in the Australian software sector to be announced this week after K1 Investment Management said on Wednesday it had agreed a near $A500 million to buy ELMO Software.

    Potentia currently owns 19.8% of Nitro, maker of document software, and its stock was halted on Friday.

    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Infini remobilising at Portland Creek after geo specialists line up 12 'priority' targets
right-arrow Created with Sketch.
NEWS 'Strong succession': WiseTech brings in old face to build new, post-White future
right-arrow Created with Sketch.
NEWS Friday's HotCopper trends: Renascor concentrate, Larvotto raise
right-arrow Created with Sketch.
NEWS Mandalay Shareholders Overwhelmingly Approve Transaction with Alkane Resources
right-arrow Created with Sketch.
NEWS Exclusive Pre-IPO & Investment Opportunities in Australia & North America
right-arrow Created with Sketch.
NEWS Veteran executive to help turn Trigg into leading US-based antimony producer
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.