US private equity giant Thoma Bravo’s $1 billion-plus bid for ASX-listed aerial imaging technology company Nearmap has narrowly been approved by shareholders, despite a strong showing from investors opposed to the scheme.
It follows weeks of campaigning from both sides, with many investors either fiercely in favour or against the deal.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
