Pushpay’s considering the offer, although if there’s one thing we’ve learnt about BGH Capital it’s the bid’s likely to be less than the target wanted but enough to keep it interested.
It was an otherwise pretty quiet day on the market, with institutions seemingly waiting for economic news in the US before making any big changes to their portfolios. CPI data is not due out until Friday night.
Happy reading, Anthony Macdonald, Sarah Thompson and Kanika Sood Street Talk editors
Private equity firm Pemba Capital’s thinking about calling time at steel reinforcing products group Ausreo, in what would end a lengthy 15-year stay on the company’s share register.