Dye & Durham revises takeover offer for Link Administration again
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 07/07/2022 (1561 days ago), so information in it may no longer be current.
TORONTO – Dye & Durham Ltd. has revised its offer for Australian company Link Administration Holdings Ltd. again.
The company says it is now offering up to A$4.70 per share including A$4.57 per share plus up to 13 cents per share for the proceeds from the sale of Link Group’s banking and credit management business.
Last month, Dye & Durham cut its offer to A$4.30 per share, down from its proposal of A$5.50 per share in December.
Dye & Durham says it believes that this second revised proposal will give greater certainty to Link Group shareholders regarding the transaction and will lead to its successful completion.
The Toronto-based company has said the acquisition would expand its customer base in key U.K. and Australian markets and strengthen its business-to-business software and information service solutions.
The Australian Competition and Consumer Commission said last month that it had significant preliminary competition concerns with the deal.
This report by The Canadian Press was first published July 7, 2022.
Companies in this story: (TSX:DND)