Business
Link (ASX:LNK) share price on watch after receiving second takeover approach
The Link Administration Holdings Ltd (ASX: LNK) share price will be on watch on Tuesday following the release of an announcement after the market close yesterday.
What did Link announce?
On Monday afternoon Link announced that it has received a new unsolicited takeover approach, potentially sparking a bidding war.
According to the release, SS&C Technology has tabled an offer of $5.65 per share. This represents a 13.9% premium to Link’s last close price. This offer price assumes no further dividends, distributions, or reductions in capital.
SS&C Technology is a NASDAQ listed global provider of investment and financial software-enabled services and software for the financial services and healthcare industries.
This isn’t the…
-
Business20 hours agoWhy Vault Minerals, Droneshield, Westgold Resources shares are climbing higher today
-
Noosa News15 hours agoRacing Queensland responds to criticism of ‘deadliest’ greyhound track
-
Noosa News24 hours agoDramatic details emerge of moment woman loses arm in attack by lion in Queensland Zoo
-
General20 hours agoTrump’s AUKUS review coming soon. Will he stop the folly?