US private equity firm Kohlberg Kravis Roberts has made a recommended bid for geospatial software provider IQGeo (LON: IQG). The 480p/share bid values IQGeo at £333m. I said that the shares were attractive three years ago when the share price was 96p. In a period where technology companies have been out of favour, IQGeo has managed to significantly outperform the market.
AIM-quoted IQGeo has a core customer base of utilities and telecoms. Its software enables these large businesses to bring ...
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