Page 20 - Link Administration News Today

Private equity heavyweight KKR and Domain Holdings want the owners of the online property conveyancer to either accept or reject their offer by this Sunday. 

Read more about Australia Market extends losses on Business Standard. At closing bell, the benchmark S&P/ASX200 declined by 52.09 points, or 0.73%, to 7,044.87. The broader All Ordinaries fell 50.50 points, or 0.69, to 7,281.14.

* 44% stake in online real estate firm PEXA has stoked bid interest

Asia Digest: Carlyle, Pacific Equity abandon bid for Link; Quadrant partially exits Peter Warren REUTERS/Thomas White April 30, 2021 The Carlyle Group and Pacific Equity Partners have abandoned their $1.97 billion bid for Link Administration Holdings, while Quadrant Private Equity has made a partial exit from automotive group Peter Warren Automotive Holdings. Carlyle, Pacific Equity abandon bid for Link Administration Global investment firm The Carlyle Group and Pacific Equity Partners have aba...

ASX Update: Market cheers ‘low rates for longer’ SubscribeBe the first with the news that moves the market Shares surged and the dollar dropped after unexpectedly mild inflation data doused fears the Reserve Bank might raise the cash rate ahead of previous guidance. The S&P/ASX 200 jumped more than 20 points after the data drop, boosting cautious early gains to a mid-session tally of 29 points or 0.41 per cent. The dollar dived around three-tenths of a cent to 77.37 US cents. Whats drivin...

Asian Shares See Muted Gains Ahead Of Biden Address CANBERA (dpa-AFX) - Asian stocks rose slightly in cautious trade on Wednesday as investors awaited the results of the U.S. Federal Open Market Committee (FOMC) meeting later in the day for further insight into the banks thinking on inflation and bond purchases. Investors also awaited U.S. President Joe Bidens address to a joint session of Congress for clues on further stimulus measures. Chinese stocks posted modest gains, with the benchmark S...

ASX Close: Meek inflation fuels strong finish SubscribeBe the first with the news that moves the market The prospect of record-low rates for at least another two to three years propelled the ASX to its strongest close in more than a week. The S&P/ASX 200 rallied 32 points or 0.45 per cent to its best finish since last Mondays pandemic-era closing high. The index fell short of a new 14-month closing peak by less than a point. Gains for CSL, Coles and the banks outbalanced declines in Woolworths...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

RBA’s low rates will boost M&A When the cost of borrowing is so low thanks to central bank bond buying, there is a huge incentive to buy companies that offer steady cash flow from long-duration assets. Feb 5, 2021 – 12.00am Save Share The $23 billion in takeover activity swirling around the Australian equity market will be the tip of the iceberg if analysts and bankers are right about the impact of the Reserve Bank of Australia’s ultra-low interest rates. RBA governor Philip Lowe...