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The Australian Competition Authority approves the acquisition of a superannuation fund by a cloud based software provider subject to a court enforceable divestiture undertaking (Dye & Durham / Line)

Dye & Durham's proposed acquisition of Link not opposed, subject to divestiture* The ACCC will not oppose the proposed acquisition of Link Administration Holdings (ASX:LNK) by Dye & Durham Corporation (D&D), after accepting a court-enforceable undertaking from D&D to divest its existing Australian business. Through the acquisition of Link, D&D will acquire the 42.77 per cent shareholding in PEXA Group Ltd (PEXA) (ASX:PXA) that Link currently owns. The vertical integration of D&D’s information broking services, conveyancing and legal practice management software with PEXA’s Electronic

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Australian Competition Authority, The Australian Competition Authority approves the acquisition of a superannuation fund by a cloud based software provider subject to a court enforceable divestiture undertaking (Dye & Durham / Line), 8 September 2022, e-Competitions Preview, Art. N° 108575

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