Business
Link dumps $266m Pepper buy, PEXA stake suitors keen – The Australian Financial Review
COVID-19 uncertainties were the final straw for the planned European acquisition, but the PEXA stake is a jewel.
The data room process continues, Mr Bhatia said. We still have an engagement with the consortium, he said.
Mr Bhatia said the due diligence process wasnt a distraction for Link management, with only a small of time required in attending to the consortium.
The 44 per cent stake in PEXA is the prized asset in the Link group stable and it was that business which prompted a small profit upgrade by Link 10 days ago. Mr Bhatia said on Monday the improving real estate market in Australia was likely to…
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