UNCOOKED ALERT: Ideagen said to ... - Part 5

It's been a short while since the London market has seen a sizeable firm bid for a London-listed company from a private equity house.

So, it was good to wake up to the board of Ideagen, the software compliance firm, reccomending a 350p a share cash offer from HG - and rival private equity outfit Astorg is being given the chance to carry out due dligence to come up with a rival bid...