Horror show | No deal | Bonkers Bargain delights
News covered here included our assessment of results from a provider of software to the public sector, and a “social entertainment powerhouse”. One of our Bonkers Bargains also receives another upgrade while the horror show continues for a self-styled tech and data driven growth consultancy. As ever, there is plenty to satisfy every investor’s taste!
Craneware: declines the offer Craneware (AIM:CRW), a leader in financial performance solutions to the US healthcare sector, confirmed that it rejected an offer from Bain Capital at £26.50 per share. While that price is approx. 27% higher than the current level, the Craneware Board believes it fundamentally undervalues the Group and its prospects. The proposal was received without the parties entering into due diligence and the Board believes that the proposal is not in the best interest of Craneware shareholders. Trading in the year to 30 June 2025 has been strong, with continued growth in revenue and adjusted EBITDA. Idox:…