Aussie/Kiwi M&A/Events

Aussie/Kiwi M&A/Events

Link Admin (LNK AU): 24th April Shareholder Vote

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Quiddity Research
Mar 22, 2024
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  • Back on the 18 December 2023, superannuation service provider Link Administration (LNK AU) entered into a Scheme with Mitsubishi UFJ Financial Group.

  • MUFJ offered Link shareholders A$2.10/share (in cash) plus a A$0.16/share dividend (25% franked), or a 32.9% premium, all-in.

  • The Scheme Meeting will now take place on the 24th April, with expected implementation on the 16 May. This looks done - and trading accordingly.

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