Business
Link risks earnings disappointments: JPM – The Australian Financial Review
Link shareholders should be ready for disappointing earnings at its next two results, if a takeover bid from PEP and The Carlyle Group fails to get up.
Link shareholders should be ready for disappointing earnings at its next two results, if a takeover bid from Pacific Equity Partners and The Carlyle Group fails to get up.
Link Group’s 44 per cent stake in electronic conveyancing business PEXA is at the centre of any takeover discussions. Cathryn Tremain
That’s according to analysts at JP Morgan, who weighed in on the PEP/Carlyle bid in a note to clients on Tuesday.
They said Link was risking “earnings disappointments in the next 2 results, given…
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