Brief: Bigtincan Holdings Confirms Received Confidential, Non-Binding, Incomplete & Indicative Offer From Siris Capital Group

Bigtincan Holdings

22/05/2023 24:52

May 22 (Reuters) - Bigtincan Holdings Ltd  BTH.AX :
    * CONFIRMS IT HAS RECEIVED A CONFIDENTIAL, NON-BINDING,
INCOMPLETE
AND INDICATIVE OFFER FROM SIRIS CAPITAL GROUP, LLC
    * HAS RECEIVED OTHER CONFIDENTIAL APPROACHES SINCE
ANNOUNCEMENT
    * INDEPENDENT BOARD COMMITTEE DOES NOT CONSIDER IT TO BE IN
BEST
INTERESTS OF SHAREHOLDERS TO PROGRESS THAT SIRIS PROPOSAL AT
THIS TIME
    * INDICATIVE OFFER FROM SIRIS CAPITAL GROUP AT AN INDICATIVE
OFFER
PRICE OF A$0.80 PER SHARE

Source text for Eikon:  ID:nASXLrCFy 
Further company coverage:  BTH.AX 

 ((Reuters.Briefs@thomsonreuters.com;))