NTO nitro software limited

(Adds background) Dec 9 (Reuters) - Australia's Nitro Software...

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    (Adds background)

    Dec 9 (Reuters) - Australia's Nitro Software Ltd (NTO) said on Friday it got a higher A$2 per share offer with a scrip alternative from private equity firm Potentia Capital, matching a rival bid from KKR Inc's KKR.N Alludo.

    Nitro said it would consider the offer from Potentia, its biggest shareholder with a 19.8% stake, without providing additional details.

    Nitro, a PDF and e-signature software signing company, backed a near A$500 million offer from Alludo in October.

    Alludo did not immediately respond to a Reuters request for comment. ($1 = 1.4771 Australian dollars)

 
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.

Currently unlisted public company.

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