Bond International Software – bid battle brought to an end...
With a bid battle having ensued, Bond International Software (BDI) has announced the “Result of General Meeting… to approve the disposal of the Recruitment Software subsidiaries”…
With a bid battle having ensued, Bond International Software (BDI) has announced the “Result of General Meeting… to approve the disposal of the Recruitment Software subsidiaries”…
Previously writing on Bond International Software (BDI) on the back of an improved recommended offer from US private equity group Symphony Technology, I concluded that, with prior recommended offeror Constellation Software still to respond, it looked worth continuing to hold. Constellation then responded with a “Final Increased Cash Offer” and Symphony has now responded with further improved terms…
Writing on Bond International Software (BDI) last month post an announcement that, having previously been “pleased to announce the sale of its Recruitment Software subsidiaries” to US private equity group Symphony Technology, it was now instead recommending a 115.5p per share takeover offer from largest shareholder Constellation Software, I concluded that it looked worth those in here continuing to hold. This was as the downside looked limited, but there remained the potential for some further upside – and there have since been further developments…
Having on 12th September been “pleased to announce the sale of its Recruitment Software subsidiaries”, Bond International Software (BDI) has announced that it is now instead recommending an increased takeover offer from largest shareholder Constellation Software…





