Link confirms third D&D offer
Link Group has confirmed it has confirmed what the market has been discussing for days – that it has received a $1.27 billion proposal from Dye & Durham for its Corporate Markets business and all of the BCM business.
Link has told the Australian Securities Exchange (ASX) that its board will be considering the proposal and will be providing shareholders with an update during the next week.
Link’s announcement also confirmed that it had earlier considered a (second) conditional non-binding proposal from Dye & Durham but at that time had decided not to engage with the company.
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