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Autodesk walks away from Altium deal


Autodesk walks away from Altium deal, shares hit 6-week low
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US engineering software giant Autodesk has walked away from its bid for Altium, after the two technology businesses couldn’t agree on a price, sending shares in the printed circuit board company sliding to a six-week low.
Autodesk confirmed it had terminated discussions with Altium on Wednesday after a $40-a-share verbal bid made on Monday - valuing the ASX-listed company at $5.25 billion - was reportedly rejected.
“While we did verbally improve our initial proposal, we were unable to agree on the basis to advance discussions,” said Autodesk chief executive Andrew Anagnost. ....

Garry Sherriff , Aram Mirkazemi , Ben Rushton , Dassault Systemes , ஆடை ஷெர்ரிஃப் , பென் ருஷ்டன் ,