for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

Australia's Link gets $2 bln raised takeover bid from Carlyle, Pacific Equity

Oct 26 (Reuters) - Link Administration Holdings Ltd said on Monday private equity firms Carlyle Group and Pacific Equity Partners raised their takeover offer for the shareholder registry firm to A$2.87 billion ($2.04 billion), days after an earlier bid was turned down.

The latest offer values the New South Wales-based company at A$5.40 per share, nearly 4% higher than the earlier bid.

$1 = 1.4041 Australian dollars Reporting by Anushka Trivedi & A K Pranav in Bengaluru; Editing by Richard Chang

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up