Link Admnstrn News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Link admnstrn. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Link Admnstrn Today - Breaking & Trending Today

UPDATE 2-Australia's Link eyes trade sale of coveted PEXA stake amid property boom


(Recasts and adds CEO comment on briefing call)
SYDNEY, Feb 1 (Reuters) - Australia’s Link Administration Holdings Ltd on Monday said it would prioritise a trade sale for its coveted stake in online conveyancing firm PEXA within months, instead of a demerger as it looks to capitalise on a property market rebound.
The strength of the housing market had influenced the decision to sell the stake outright instead of distributing PEXA shares to Link investors, the company said, even though it would mean paying capital gain taxes of about 30% on a deal.
Late last year, attracted by its 44.2% stake in PEXA - the dominant digital property transfer business in real-estate-obsessed Australia - at least two groups tabled unsuccessful bids for Sydney-based shareholder registry firm Link. ....

New South Wales , Sameer Manekar , Peter Cooney Shri Navaratnam , Anushka Trivedi , Paulina Duran , Vivek Bhatia , Thomson Reuters Trust Principles , Pepper European Servicing Ltd , Australia Link Administration Holdings Ltd On , Pepper Group , U Ssc Technologies Holdings Inc , Ssc Technology , Carlyle Group Inc , Link Administration Holdings Ltd , Chief Executive Vivek Bhatia , Technologies Holdings Inc , Pacific Equity , Peter Cooney , Thomson Reuters Trust , Link Admnstrn , Divestiture Pexa Update 2 , Advanced Medical Equipment Amp Technology Trbc Level 4 , Asia Pacific , Australia New Zealand , Corporate Events , Banking Amp Investment Services Trbc Level 2 ,