Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 20 results for "PEXA"

Link profit slips

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
... was down 21% to $141 million and operating NPATA of $113 million for FY21, which included a $32.7 million contribution from PEXA. Link Group retained 42.8% equity interest in PEXA and received $180 million of cash proceeds from the IPO. "We have delivered ...

Vanguard appoints fund administrator

KANIKA SOOD  |  MONDAY, 31 MAY 2021
... Group withdrew their October 12 bid to acquire Link. Link is currently in the process of listing property settlement platform PEXA. Vanguard managed about $98.5 billion in wholesale managed funds at April end. It had $29 billion in ETFs, where it is ...

PEXA to IPO in June

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
Link Group has announced that digital property settlement platform PEXA will list on the ASX towards the end of June after fielding offers from private equity firms. Link has signed an underwriting agreement for the initial public offering of PEXA ...

Link flags PEXA listing

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform. Link, together with Morgan Stanley Infrastructure Partners and Commonwealth ...

Link scraps European acquisition

KARREN VERGARA  |  MONDAY, 1 FEB 2021
Link Group has canned its $266 million European acquisition and is forging ahead with the sale of PEXA. Link scrapped its takeover bid of Pepper European Servicing (PES), offering $266 million for the loan servicing, advisory and asset management firm ...

SS&C withdraws Link offer

ELIZA BAVIN  |  MONDAY, 4 JAN 2021
... potential separation by way of a demerger of Link Group's interest in Torrens Group Holdings (TGH) (and its core asset, PEXA)." Link said if there are any material developments in the future it will continue to inform shareholders as required under ...

Link rejects revised offer

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... shareholders on a control basis and further work is required to determine the viability and attractiveness of the separation of the PEXA and Link (ex PEXA) assets envisaged under the revised proposal," Link wrote in a statement. Link said it continues ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... previous proposal for a scrip alternative has been updated so that it includes the option of a cash offer for Link excluding PEXA of $3.80 per share, Link wrote in an update to shareholders. This includes the ability to take the indirect interest in ...

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
... board said it has confidence in the outlook and fundamental value of the business due to the "significant value inherent in PEXA" which it said has delivered strong growth and "established a leading market position in digital property settlements". "PEXA ...

HUB24 awards super trustee mandate

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... Capital from OneVue. Sargon's operating businesses have since changed hands to Certes Corporation, which is led by former PEXA chief Marcus Price and owned by NY-based investors.
PAGE:
1
PREVIOUS
NEXT