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(Reuters) -Canadian data analytics software maker Telus International made and then abruptly withdrew a A$1.2 billion ($830 million) buyout approach for Australian rival Appen Ltd, Appen said on Thursday.
"Telus informed us that they were revoking their Indicative Proposal. No reasons were given," the Australian software seller said.
Telus did not immediately respond to a request for comment regarding the withdrawal of the proposal.
On Thursday, trading in Appen's shares was halted after they...
>>> Read more: Canada customer data firm Telus makes $830 million play for Australia's Appen
"Telus informed us that they were revoking their Indicative Proposal. No reasons were given," the Australian software seller said.
Telus did not immediately respond to a request for comment regarding the withdrawal of the proposal.
On Thursday, trading in Appen's shares was halted after they...
>>> Read more: Canada customer data firm Telus makes $830 million play for Australia's Appen
