Business
Third suitor enters race for Link Group with blockbuster bid – Sydney Morning Herald
NASDAQ-listed financial services firm SS&C Holding has lobbed a $3 billion indicative bid for the ASX-listed superannuation fund administrator.
Link Group is in the sights of a third suitor, with NASDAQ-listed financial services firm SS&C Holding lobbing a $3 billion indicative bid for the ASX-listed superannuation fund administrator.
The offer from SS&C Holding, at $5.65 per share, is higher than the bid put forward by private equity suitors Pacific Equity Partners (PEP) and The Carlyle Group – which was rebuffed by Link six weeks ago.
Outgoing Link Group chief executive John McMurtrie said a private equity takeover would not be a step…
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