Link mulls PEXA demerger; says PEP, Carlye offer too low – The Australian Financial Review

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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