Link (ASX:LNK) share price on watch following PEXA IPO update
Link (ASX:LNK) share price on watch following PEXA IPO update
The administration services company has confirmed it’s proposing an initial public offering for Property Exchange Australia Limited (PEXA).
Aaron Teboneras has been a Motley Fool contributor since early August 2020. After graduating from RMIT University with a Business degree, Aaron spent most of his years either travelling or working in various industries. Aaron’s most notable appointments include National Australia Bank, and Computershare where he discovered his passion for the Australian sharemarket. Outside of researching and writing for Motley Fool, Aaron enjoys trekking on adventures across the world and learning new life skills.
PEXA’s largest investor, Link Administration, is mulling the future of the platform as the clock ticks on responding to a shock $3.1 billion bid from private equity giant KKR and Domain.
Australian shares climb; BetMakers launches $4 billion offer for Tabcorp’s wagering and media business; base metals rally on strong US, China data; Inghams Group upgrades expected earnings.