Bravura Solutions (ASX:BVS) has decided to lift its bid for GBST Holdings to $3 per share.
GBST is a UK-focused financial technology company.
Bravura don’t intend to go higher than $3
Bravura confirms it would need four weeks to conclude confirmatory due diligence.
Bravura has raised equity for the funding of any acquisition of GBST, so any Scheme Implementation Deed would not be subject to a funding condition.
Shares in Bravura Solutions (ASX:BVS) are trading 1.8 per cent higher at $5.09.