As the battle to buy up listed technology player Adapt IT intensifies, a new report by advisers Nodus Capital might force bidders to fork out more for the Johannesburg-based company.  

Adapt IT has received two takeover offers, the first from listed technology firm Huge Group. The other, from Volaris, values Adapt IT at R1bn. Huge’s share swap offer valued Adapt IT at R5.52 per share, based on a reference share price for Huge of R6.13 per share...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now