(Reuters) – Australia’s Link Administration on Friday said private equity firm Carlyle 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 of A$2.38 a share.
($1 = 1.3514 Australian dollars)
(Reporting by Savyata Mishra in Bengaluru; Editing by Devika Syamnath)
