Pushpay's (PPH) board unanimously recommends shareholders accept a takeover offer of NZ$1.34 per share, a +13% premium to the most recent closing price; the offer was accompanied by a pre-release of PPH's 1H23 result that materially missed consensus expectations and led to a modest FY23 guidance downgrade.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.