Monday, 9 May 2022, 2:43 pm
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...
Read more...Betaville Intelligence
Thursday, 5 May 2022, 8:07 am
So, Cinven has dropped its bid for Ideagen, the London-listed compliance software business.
However, the company in its own statement has revealed that both Astorg and HG, two rival private equity houses have made seperate approaches since Betaville outed Cinven's interest in Ideagen. Below is the link:..