Mitsubishi UFJ set to acquire Link Group in major financial sector move

Mitsubishi UFJ set to acquire Link Group in major financial sector move

Mitsubishi UFJ Trust and Banking Corporation, a subsidiary of MUFG, has declared its intention to acquire 100% of the issued shares of Link Administration Holdings Limited, an Australian listed company. This move is set to reshape the dynamics of the global asset management and investor services sector. Shareholder Windfall: The Financial Details Under the proposed […]

Australian fintech Link Group gets $2.1bn takeover bid from Carlyle Group

Australian fintech Link Group gets $2.1bn takeover bid from Carlyle Group

Link Administration Holdings Limited (Link Group), an Australian fintech company, said that has received a sweetened takeover offer of AUD 5.38 ($3.98) per share or AUD 2.88 billion ($2.13 billion) from the Carlyle Group. The conditional, non-binding indicative proposal has been issued by Carlyle Asia Partners V, L.P., an investment fund managed and advised by […]