LNK News: UPDATE 1-Dye & Durham cuts buyout offer for Link to $1.3 bln after UK watchdog conditions - 19th Sep 2022, 9:37am

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Sept 19 (Reuters) - Australia's Link Administration Holdings said on Monday Canadian software firm Dye & Durham (DND) has lowered its buyout offer, now valuing the share registry firm at A$1.95 billion ($1.31 billion), citing the UK financial watchdog's conditions for the takeover.

The Australian competition regulator last week approved the A$2.47 billion buyout, ending a nine-month saga involving multiple offers for Link's stake in online property settlemen...

>>> Read more: UPDATE 1-Dye & Durham cuts buyout offer for Link to $1.3 bln after UK watchdog conditions
 
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