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ReadyTech Rejects $2.00 Per Share Takeover Proposal from Total Specific Solutions

10:51am on Monday 1st of June, 2026 AEST Technology
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ReadyTech Rejects $2.00 Per Share Takeover Proposal from Total Specific Solutions

10:51am on Monday 1st of June, 2026 AEST
Key Points
  • Unsolicited acquisition proposal from Total Specific Solutions
  • Scheme of arrangement offer at $2.00 per share
  • Off-market bid at $1.75 per share with 50.1% acceptance condition
  • ReadyTech Board rejects proposal citing undervaluation
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