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Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Adobe rival <strong><a href="https://www.smartkarma.com/entities/nitro-software-ltd" target="_blank" data-smartkarma-citation="entities:30943:1" rel="noopener">Nitro Software Ltd (NTO AU)</a></strong> has granted Potentia Capital due diligence through to the 22 February on the possibility it sweetens its Offer to A$2.20-A$2.30/share. </li>
<li>Alludo's hands are tied to its A$2.15/share Offer price, which it has declared ‘best and final’ and will not be increased - <strong>even if a superior proposal emerges</strong>.</li>
<li>But Potentia pitching an Offer A$0.01/share above Alludo's Offer won't be sufficient for Alludo and other shareholders to tender. </li>
</ul>


Adobe rival Nitro Software Ltd (NTO AU) has granted Potentia Capital due diligence through to the 22 February on the possibility it sweetens its Offer to A$2.20-A$2.30/share. 
Alludo's hands are tied to its A$2.15/share Offer price, which it has declared ‘best and final’ and will not be increased - even if a superior proposal emerges.
But Potentia pitching an Offer A$0.01/share above Alludo's Offer won't be sufficient for Alludo and other shareholders to tender. 


Nitro Software: Potentia Still In The Mix As DD Granted