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Pushpay’s biggest independent shareholder ACC against takeover

ACC says the $1.34 bid undervalues the company.

Pushpay's board has recommended shareholders accept the offer, which values the company at $1.539 billion.

The largest independent shareholder in dual-listed church payment and management software company Pushpay, ACC, says it will vote against the $1.34 a share takeover offer.

And NBR understands that other shareholders have so far provided “mixed” feedback to the company on the offer, which came in

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Hamish McNicol Mon, 20 Feb 2023
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Pushpay’s biggest independent shareholder ACC against takeover
Investment,
97776
true