PEP fully exits Australia-listed Link Group
Pacific Equity Partners (PEP) has completed its exit from Link Group, selling its stake in the Australian financial data and fund administration services provider alongside several other shareholders in a deal said to be worth A$872.3 million ($670 million).
Link said in a filing that PEP would offload 89.1 million shares, an approximately 25% stake. Meanwhile, Intermediate Capital Group (ICG) planned to sell 14.9 million shares - which also represents its...
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