Page 4 - Nitro Software News Today

The S&P/ASX 200 fell 0.5 per cent to 7108.8 as locally listed companies confirmed exposure to Silicon Valley Bank. Gold miners performed amid the uncertainty.

Several Australian and New Zealand tech firms said on Monday they did not have material exposure to Silicon Valley Bank following the failure of the US ...

Allan Bulman is the CEO of the Australian Takeovers Panel, set up to resolve disputes during live takeover bids and capital raisings – but he’s no boring government bureaucrat.

Shares were sitting flat for Nitro as the group’s board decides to back Potentia’s proposal of $2.17 per Nitro share, rejecting Alludo’s $2.15 offer, with directions for investors to essentially ignore it.

Nitro shareholders early last month rejected Alludos A$2.15 per-share bid

Nitro presented audited results for the close of the financial year 2022, which spoke of a climb in revenue and earnings. Operating EBITDA and statutory losses hit US$11.0 million and US$35.8 million, respectively.

It’s showtime for Nitro Software’s six-month long takeover battle, and substantial shareholder Spheria has taken a seat in Potentia’s box.

Potentia Capital has come back with a three-tier offer for Nitro Software, with a $2.17 a share base price.

CLOSING BELL: Is a $1.2 billion dollar catastrophe enough to finally hammer a stake through the heart of Star?

(Reuters) - Nitro Software said on Thursday it has received an improved takeover offer from private equity firm Potentia Capital, which now values the...