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Pushpay board recommends ‘compelling’ $1.54b takeover

A consortium of BGH Capital and Sixth Street, which own 20.3% of Pushpay, offer $1.34 a share.

The $1.34 offer is a 13% premium to Pushpay’s last closing price of $1.19.

The board of dual-listed church payment and management software company Pushpay has recommended shareholders accept a takeover offer from its largest shareholder and an Australian private equity firm.

The offer, at $1.34 in cash a share, values the company at $1.539 billion. It was disclosed to the

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Hamish McNicol Sat, 29 Oct 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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Pushpay board recommends ‘compelling’ $1.54b takeover
Investment,
96372
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