Bravura approached by potential bidders

Bravura confirmed today via an ASX announcement that it had been approached by potential buyers.

Bravura confirmed today via an ASX announcement that it had been approached by potential buyers for the company.

"Bravura … refers to recent media speculation and confirms that it has received several indicative bids to acquire all of the issued capital of Bravura by way of a scheme arrangement," the company said in its announcement.

The software company did specify, however, that the bids were in their preliminary stages and "highly conditional".

"Each of the bids are indicative, non-binding, incomplete and subject to due diligence and a number of other conditions," Bravura said, adding that there is no certainty as to whether any of the bids would result in a final offer.

ZDNet Australia contacted group CEO Simon Woodfull for further comment, but none was received at the time of publication.

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