Business
Link mulls PEXA demerger; says PEP, Carlye offer too low – The Australian Financial Review
What’s PEXA worth? Let the market decide.
Whats PEXA worth? Let the market decide.
PEXA allows property buyers and sellers to settle transactions electronically. Jessica Hromas
Thats Link Groups approach in light of a $5.20 a share private equity bid, which it knocked back on Friday morning.
Links justification was that The Carlyle Group and Pacific Equity Partners $3.8 billion non-binding indicative proposal significantly undervalued the company.
That statement is loaded with plenty of assumptions and perhaps the biggest one is what its…
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