PXA 1.96% $14.50 pexa group limited

News: PXA Carlyle bids $2.1 bln for Australia's Link

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    Nov 5 (Reuters) - Australia's Link Administration (LNK) on Friday said private equity firm Carlyle CG.O made a A$2.81 billion ($2.08 billion) bid for the shareholder registry firm.

    The proposal includes a A$3 per share bid in cash for Link, plus a distribution of the Australian firm's sought-after stake in PEXA Group (PXA) of A$2.38 a share.

    ($1 = 1.3514 Australian dollars)

 
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