Link proxy investors approve $782 mln buyout from Japan's Mitsubishi UFJ

Link Administration Holdings

24/04/2024 06:24

SYDNEY, April 24 (Reuters) - Link Administration's
 LNK.AX  proxy investors approved Mitsubishi UFJ Financial
Group's  8306.T  A$1.2 billion ($782 million) buyout bid at a
shareholder meeting on Wednesday.
    Mitsubishi UFJ in December lodged a bid that would see Link 
shareholders receive A$2.10 in cash, as well as a A$0.16 per
share dividend if the offer was approved.

 (Reporting by Scott Murdoch; Editing by Tom Hogue)
 ((Scott.Murdoch@thomsonreuters.com;))