Hansen Technologies boss Andrew Hansen has told investors he does not know of any specific reasons why late-stage takeover talks with BGH Capital dramatically collapsed on Monday.
Mr Hansen said he was surprised by the private equity group’s withdrawal of its June 7 bid of $6.50 a share for the enterprise software group, but remained confident Hansen would successfully move forward as a standalone entity.
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
