Dye & Durham Limited (TSX:DND) signed a conditional non-binding proposal to acquire Link GroupÆs Corporate Markets business from Link Administration Holdings Limited (ASX:LNK) for AUD 1.27 billion on October 2, 2022. The conditional non-binding proposal and the earlier proposal were also expressed to be subject to due diligence, negotiation of transaction documentation which would necessarily include a sale agreement and a transitional services agreement) and regulatory approvals. The Link Group Board will consider Dye & DurhamÆs third proposal, including obtaining advice from its financial, legal and tax advisers, and will provide Link Group shareholders with an update during the next week.
Dye & Durham Limited (TSX:DND) cancelled the acquisition of Link GroupÆs Corporate Markets business from Link Administration Holdings Limited (ASX:LNK) on December 7, 2022