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Australia's Altium receives $3.9 bln buyout pitch from Autodesk

June 7 (Reuters) - Software maker Altium Ltd said on Monday it had received a formal buyout proposal from American peer Autodesk Inc that valued the company at A$5.05 billion ($3.91 billion).

The U.S. firm was offering A$38.50 per share of the company, Altium said. ($1 = 1.2923 Australian dollars) (Reporting by Rashmi Ashok in Bengaluru; Editing by Ramakrishnan M.)

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