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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Pushpay bidder ups takeover offer to $1.42 a share

Large institutional investors now said to be in support, but hedge fund shareholders will receive initial $1.34 price.

The consortium whose $1.539 billion takeover of dual-listed church payment and management software company Pushpay was this month blocked by shareholders has upped its offer by 6% to $1.42, valuing the company at $1.63b.

And Pushpay said that seven of its largest New Zealand-based institutional

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Hamish McNicol Thu, 16 Mar 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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Pushpay bidder ups takeover offer to $1.42 a share
Investment,
98231
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