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Hot Topic Hawke’s Bay
Investment
3 mins to read
1

Task Group attracts A$310m offer from NYSE-listed Par Technology

Former Plexure business shifted to a sole ASX listing last year but previously expressed its commitment to NZ operations.

Task Group’s technology earned it a lucrative contract with McDonald’s in 2022 which bumped up its market value.

Will Mace Mon, 11 Mar 2024

ASX-listed mobile engagement software company Task Group has entered into a scheme arrangement to be acquired by NYSE-listed Par Technology Corporation for an implied value of A$310 million ($331m).

The New Zealand-founded company’s board has unanimously recommended the scheme, noting that –

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Will Mace Mon, 11 Mar 2024
Contact the Writer: william@nbr.co.nz
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Plexure to change name and board, switch primary listing to ASX
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Plexure renegotiates McDonald's deal, sees revenue near doubling
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Avg Daily Volume
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Related News
Investment

Task Group’s half-year result sees full impact of McDonald’s deal
Investment

Task Group exceeds FY guidance, to delist from NZX
Investment

Task Group upgrades revenue and earnings guidance
Investment
1

Plexure to change name and board, switch primary listing to ASX
Investment

Plexure renegotiates McDonald's deal, sees revenue near doubling
Task Group attracts A$310m offer from NYSE-listed Par Technology
Investment,
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