Business
Takeover tussle can put a rocket under Link – The Australian Financial Review
Link’s surging share price following a fresh takeover bid is vindication for its board. But how much more value can it extract from its two suitors?
PEP knows the business intimately, having floated it on the ASX in 2015, while Carlyle is believed to have put in months of work to get to this point, including a period of due diligence granted by the Link board in late October. Is it really going to throw in the towel now for the sake of 25¢ a share?
In the blue corner, SS&C looms as the committed trade buyer that private equity firms always fear in these sorts of auctions.
The Nasdaq-listed group operates in 35 countries and would know Link well;…
-
Business23 hours agoThis artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025
-
Noosa News23 hours agoYIMBYs vs NIMBYs as the battle for affordable housing moves into your backyard
-
Business20 hours agoThe ultimate Australian stocks to buy and hold for 10+ years
-
Business24 hours agoNvidia reaches the $4 trillion mark. Can it hit $5 trillion in 2025?