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‘No lack of faith’: Pushpay board won’t resign on lost takeover

Pushpay chair Graham Shaw says blocked takeover not a failure, board still supportive of management.

Pushpay board quizzed on takeover bid.

The board of Pushpay has no plan to resign after a $1.539 billion takeover offer it recommended to shareholders was rejected, saying there is “no lack of faith” in the company’s management.

And it has challenged shareholder questions that the scheme was “overwhelmingly defeated”, with

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Hamish McNicol Fri, 03 Mar 2023
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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‘No lack of faith’: Pushpay board won’t resign on lost takeover
Investment,
98022
true