bullish

Pushpay: Prophet Warning to Go with Takeover Bid

205 Views06 Nov 2022 08:01
Broker
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.
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Forsyth Barr
New Zealand Professional Investment Services Firm
New ZealandEquity Bottom-Up
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