Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn
About

Company News Summary

Link Administration Holdings Advises on Pillar Administration Sale Process

02 Dec 2016  |  09:53:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Pillar - Sale process - Link Group's bid unsuccessful

Link Administration Holdings noted that on 10 November 2016, the Company announced that it had submitted a proposal to acquire Pillar from the State of NSW (Binding Proposal). Following consideration by the State of NSW, the Company has been informed on 2 December 2016 (pursuant to a media release issued by the State of NSW), that the Binding Proposal was unsuccessful. Although disappointed with the result, the Company continues to remain active in considering and assessing a range of other opportunities and is focused on improving the business, increasing efficiencies, enhancing services and creating shareholder value.

Please click here for full details

See more ASX300 News Announcements