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June 20 (Reuters) - Australian automotive software firm Infomedia Ltd said on Monday it received a A$638.8 million ($443.01 million) non-binding acquisition proposal from U.S.-based software company Solera Holdings LLC, after receiving two bids last month.
Solera, which provides risk management software and services to the automotive industry, offered to buy Infomedia at A$1.70 per share in cash, lower than Battery Ventures' A$1.75 per share offer and at par with TA ...
>>> Read more: UPDATE 1-Solera Holdings joins bidding war for Australia's Infomedia with $443 mln bid
June 20 (Reuters) - Australian automotive software firm Infomedia Ltd said on Monday it received a A$638.8 million ($443.01 million) non-binding acquisition proposal from U.S.-based software company Solera Holdings LLC, after receiving two bids last month.
Solera, which provides risk management software and services to the automotive industry, offered to buy Infomedia at A$1.70 per share in cash, lower than Battery Ventures' A$1.75 per share offer and at par with TA ...
>>> Read more: UPDATE 1-Solera Holdings joins bidding war for Australia's Infomedia with $443 mln bid
