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Kin & Carta PLC - London-based business software consultancy - Apax Partners LLP says it is considering its options, after takeover target Kin & Carta last week said it has accepted a rival bid. Kin.
IN BRIEF: Apax considers options after Kin & Carta agrees rival bid lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
Kin & Carta PLC has accepted a bid proposal from Valtech Topco valuing the company at GBP239 million, trumping a previously agreed approach from Apax Partners.
The London-based business software.
Kin & Carta PLC on Thursday said it and a group of Apax Partners LLP funds have agreed on an increased cash offer which values it at GBP258 million.
Shares in Kin & Carta were trading 8.3% higher at.