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$40 not enough for Altium - Street Talk - The Australian Financial Review

$40 not enough for Altium - Street Talk - The Australian Financial Review

$40 not enough for Altium - Street Talk - The Australian Financial Review
Jul 19, 2021 22 secs

American software company Autodesk has had another nibble at ASX-listed Altium.

Four weeks after its $38.50 a share indicative bid was rejected, it is understood Autodesk went back to Altium to talk about a deal at $40 with the same set of conditions attached.

Stock in takeover target Altium rose despite the electronics design software company cutting revenue guidance for the seventh time since February 2020. 

American software company Autodesk has had another nibble at ASX-listed Altium. 

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