middle.news
ikeGPS Walks Away from $165m Buyout Bid Despite 62% Premium
5:22pm on Sunday 1st of June, 2025 AEST
•
Technology
Read Story
ikeGPS Walks Away from $165m Buyout Bid Despite 62% Premium
5:22pm on Sunday 1st of June, 2025 AEST
Key Points
Received unsolicited, non-binding acquisition approach from private equity
Offer valued at approximately NZ$1.00 per share, a 62% premium
Discontinued discussions due to insufficient shareholder support
Company to continue focusing on growth in electric utility software
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Ikegps (ASX:IKE)
OPEN ARTICLE