although EQT eventually walked away from IRESS darn it. The next...

although EQT eventually walked away from IRESS darn it.

The next paragraph to g12m0 is. (Basically gives a good review of events and also that there are various other potential bidders (now that it’s simplier structure and Uk issues almost sorted out)

Link believed to be in the crosshairs of private equity, and now the understanding is the firm could be timing its play for after the completion of its exit from problematic investments in the UK. In Hong Kong, Barings owns corporate services company Tricor and fund administrator Vistra, which it has merged together, so an acquisition of Link would offer the group an opportunity to expand into the Asia Pacific market. Link’s market value is currently $977m, and while debt is expensive right now for private equity firms, targets under $2bn are still believed to be of interest to groups at the right price