Potentia outbids KKR-backed Alludo with $364m offer for Australia's Nitro Software

Potentia outbids KKR-backed Alludo with $364m offer for Australia's Nitro Software

Sydney, Australia. Photo by Liam Pozz on Unsplash

Australia’s Nitro Software Ltd said on Thursday that private equity firm Potentia Capital raised its takeover offer for the software maker to A$532.3 million (about $364 million), trumping a rival offer by KKR Inc-backed Alludo.

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