iSentia to be acquired by Access Intelligence creating global offering

Struggling iSentia has had a takeover offer from Access Intelligence, which is subject to shareholder approval, after 12 months of its share price and market value plummeting.

Access Intelligence will acquire 100% of the share capital in Isentia it does not already own at a price of A$0.175 a share.

Under the offer, iSentia shareholders will receive A$0.175 per share in cash, this implies an enterprise value of A$67 million.