Australia's ReadyTech gets updated offer from PE firm with a scrip alternative

Readytech Holdings

29/11/2022 22:53

Nov 30 (Reuters) - Australia's ReadyTech Holdings
 RDY.AX  said on Wednesday that it has received an updated
buyout proposal from Pacific Equity Partners (PEP), which
includes an alternative for shareholders to elect to receive the
A$4.50 per share consideration as all cash, all scrip or a mix
of both.
 (Reporting by Himanshi Akhand in Bengaluru; Editing by Shailesh
Kuber)
 ((Himanshi.Akhand@thomsonreuters.com;))