Brief: Livetiles Says Unsolicited, Non-Binding Indicative Offer From Bigtincan Holdings Has Been Withdrawn
18/11/2022 10:19
Nov 18 (Reuters) - Bigtincan Holdings Ltd BTH.AX :
* OFFER UPDATE, S249D NOTICE WITHDRAWAL & STRATEGIC
ENGAGEMENT,BTH
* ADVISES UNSOLICITED, NON-BINDING INDICATIVE OFFER FROM
BIGTINCAN
HOLDINGS FOR ALL OF SHARES IN LIVETILES HAS BEEN WITHDRAWN
* BOARD HAD PRELIMINARILY DETERMINED THAT BTH NBIO
UNDERVALUED
LIVETILES
* BOARD OFFERED BTH ACCESS TO DUE DILIGENCE TO PROVIDE IT
WITH
OPPORTUNITY FOR INCREASED OFFER FOR LIVETILES
* BTH DECLINED TO SIGN A NON-DISCLOSURE AGREEMENT, WITH
CONTAINED
TERMS TO PROTECT LIVETILES' INTELLECTUAL PROPERTY AND INTERESTS
Source text for Eikon: ID:nASXbrdY5V
Further company coverage: BTH.AX
((Reuters.Briefs@thomsonreuters.com;))
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