Sydney private equity firm Potentia Capital’s freshly lobbed $2.17 to $2.25 bid for Nitro Software scored an early win on Thursday afternoon, even as it holds breath for the target board to switch sides on its recommendation.
Spheria’s Matthew Booker is happy with Potentia’s new bid for Nitro Software, Rhett Wyman
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com