Four years after ReadyTech was left at the altar by Pacific Equity Partners, the ASX-listed human resources software business has snagged a Canadian suitor.
Street Talk can reveal ReadyTech on Friday fielded an off-market takeover bid for $1.75 per share from Toronto-listed Topicus.com Inc’s software subsidiary TSS, which has hired Rothschild and Allens for advice. TSS attached a 50.1 per cent minimum acceptance condition to this bid, sources said.
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