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Craneware says it has not received a takeover proposal from Bain Capital
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May 16 (Reuters) - Craneware CRW.L has not received a takeover proposal from Bain Capital, the British software licensing firm said on Friday, following a statement from the U.S. private equity firm about assessing a possible offer for the company.
Craneware shares rose 7.3% to 2,200 pence per share.
(Reporting by Unnamalai L in Bengaluru; Editing by Anil D'Silva)
((Unnamalai.L@thomsonreuters.com;))