Pushpay Holdings Limited (NZSE:PPH) says it has received a new bid from its private equity suitor BGH Capital. "As part of the ongoing process, the company has received a revised indicative non-binding proposal and is continuing to assess whether there is the potential for a transaction that is in the best interests of shareholders as a whole," Pushpay told investors. "There is no certainty that a transaction will proceed or as to the pricing or timing of any transaction." The New Zealand company is being advised by Goldman Sachs while BGH is advised by Craigs.

It first told the market of approaches received in April.