Australia's Nitro Software receives $320m bid from KKR's Alludo

Australia's Nitro Software receives $320m bid from KKR's Alludo

Photo: Reuters

Australia’s Nitro Software said on Monday that it would back a near A$500 million ($320.15 million) offer from KKR Inc’s Alludo that trumps an earlier bid from major shareholder Potentia Capital Management.

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