Dye & Durham reduces buyout bid for Australia's Link after UK watchdog conditions

Dye & Durham reduces buyout bid for Australia's Link after UK watchdog conditions

Photo by Bill Oxford on Unsplash

Australia’s Link Administration Holdings said on Monday Canadian software firm Dye & Durham has lowered its buyout offer, now valuing the share registry firm at A$1.95 billion ($1.31 billion), citing the UK financial watchdog’s conditions for the takeover.