LNK News: UPDATE 1-Link Administration ceases talks with Dye & Durham to sell two of its businesses - 8th Dec 2022, 9:43am

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Dec 8 (Reuters) - Australia's Link Administration Holdings Ltd said on Thursday it has stopped discussions with Canada's Dye & Durham Ltd to sell Link's corporate markets and banking and credit management businesses for A$1.27 billion.

Cloud-based software firm Dye & Durham has been trying to buy Link Administration and parts of it since last December.

The deal talks for the units ceased as Dye & Durham's October proposal involved a material portion of the consideration bein...

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