Business
Takeover of Link Administration (ASX:LNK) is looming – Motley Fool Australia
The Link takeover is looming and the company has a deadline today to accept or reject the buyout proposal from PEP and Carlyle.
The deadline is fast approaching for Link Administration Holdings Ltd(ASX: LNK) to accept or reject a buyout proposal from a consortium of private equity (PE) firms.
Heavyweight PE firms, Pacific Equity Partners (PEP) and Carlyle Group, have given Link until 5pm today, Wednesday 28 October, to access its books and start the due diligence process. The proposed buyout offer currently stands at $5.40 per share.
What does Link Administration do?
Link Administration is a technology provider of outsourced…
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