UK's Craneware jumps on possible buyout offer from Bain Capital
16/05/2025 15:41
Updates ** Shares of Craneware Plc CRW.L rise 7.3% to 2,200p, highest since December 2024 ** Craneware says it has not received a takeover proposal from Bain Capital ** U.S. private equity firm Bain Capital currently assessing possible offer to buy the software licensing firm ** Bain Capital says no approach has been made to CRW's board yet ** Bain Capital has until June 13 to make offer for Craneware ** Including session's gains, stock up ~6.37% (Reporting by Rishab Shaju in Bengaluru) ((Rishab.shaju@thomsonreuters.com ; +91 9048142177))