Previous Close | 1.9550 |
Open | 1.9700 |
Bid | 1.9850 x 0 |
Ask | 1.9900 x 0 |
Day's Range | 1.9450 - 1.9950 |
52 Week Range | 1.6933 - 5.4600 |
Volume | |
Avg. Volume | 1,766,212 |
Market Cap | 1.018B |
Beta (5Y Monthly) | 1.18 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.2120 |
Earnings Date | Feb 22, 2023 - Feb 27, 2023 |
Forward Dividend & Yield | 0.09 (2.52%) |
Ex-Dividend Date | Sep 29, 2022 |
1y Target Est | 3.89 |
Australia's Link Administration Holdings Ltd said on Thursday it had ended talks with Canada's Dye & Durham Ltd to sell its corporate markets and banking and credit management businesses for A$1.27 billion ($853.8 million). Cloud-based software firm Dye & Durham has been trying to buy Link Administration or parts of it since last December in a long-running takeover tussle. The failed deal joins a growing number of Australian transactions that ended up not going ahead in 2022, led by KKR & Co Inc's $13 billion bid for private hospitals group Ramsay Health Care Ltd.
Link Administration on Wednesday received an A$1.27 billion ($825.37 million) bid from Canada's Dye & Durham (D&D) for its corporate markets and banking segments, days after D&D's takeover offer for the entire company fell through. D&D's bid for the share registry firm's units came just days after the legal software maker's $1.63 billion proposed acquisition of Link fell due to regulatory headwinds and global market volatility.
D&D's bid for the share registry firm's units came just days after the legal software maker's $1.63 billion proposed acquisition of Link fell due to regulatory headwinds and global market volatility. Link said it received an A$1.1 billion offer on Oct. 2 for its corporate markets segments and parts of the banking and credit management business.