Link Group misery with shares less than half IPO price

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Link Group misery with shares less than half IPO price
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Canada’s Dye & Durham has a “robust pipeline” of other deals after the failed buyout of Link, which is paying a special dividend of 8c.

, a near-monopoly operator in e-conveyancing in Australia. PEXA is listed in its own right on the ASX.Durham first made an agreed buyout offer for Link in December, and then revised it lower to $4.81 a share in July to reflect a sharp reduction in tech stock valuations and overall sharemarket weakness as central banks raised interest rates around the world.mechanism for a two-part delayed payment,

Two British law firms, Leigh Day and Harcus Parker, are pursuing the subsidiary through the UK courts in a separate class action on behalf of 20,000 retail investors.

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