AustraliaDaily Briefs

Daily Brief Australia: Link Administration and more

In today’s briefing:

  • Link Admin: Dye & Durham Offers To Sell Aussie Ops To Appease ACCC

Link Admin: Dye & Durham Offers To Sell Aussie Ops To Appease ACCC

By David Blennerhassett

  • The ACCC is seeking views on whether Dye & Durham’s proposed sale of GlobalX and the Australian operations of SAI Global, is sufficient to approve Link Administration (LNK AU)‘s takeover.
  • Separately, the postponed Scheme meeting will be held on the 22 August.  The Independent Expert continues to conclude that the Revised Scheme is fair and reasonable.
  • The proposed date for the announcement of ACCC’s findings is the 8th September, one day prior to the Second Court Date.

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