Solution Dynamics turns down Being AI's due diligence request in 'incomplete' takeover proposal

Being AI chairman Sean Joyce. (Image: Being AI)

Mon, 16 Sep 2024

Software-as-a-service communications firm Solution Dynamics has knocked back Being AI’s request for due diligence in a proposed takeover.On Thursday New Zealand Exchange (NZX) listed Being AI said it wanted to buy a controlling stake NZX-listed Solution Dynamics. Being AI said it would acquire shares in Solutions Dynamics through either a 100% Being AI scrip option or with cash and new share offer. On Monday, Solution Dynamics said Being AI’s proposed transaction indicated there would not be an option for its sha...

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