Australia's Nitro Software shareholders reject $372m takeover offer by KKR's Alludo

Australia's Nitro Software shareholders reject $372m takeover offer by KKR's Alludo

REUTERS/Brendan McDermid

Australia’s Nitro Software said on Friday an A$526.9 million ($371.78 million) takeover offer by KKR Inc-backed Alludo did not get the requisite 75% vote from its shareholders, after which Alludo made an off-market offer.

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