STOCKHOLM: Private equity firm Triton yesterday announced a 3.9 billion crown (US$444.92mil) cash bid for IT consultancy firm HiQ International, a 25% premium to the company’s closing price on Monday.
Triton said the bid of 70 crowns per share was conditional on reaching an acceptance level of at least 70%.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
