The second-largest shareholder in takeover target Link Group has said the emergence of a second bidder shows it is a quality company with prized assets, as the share price bounced at the prospect of a potential bidding war.
Dion Hershan, head of equities at Yarra Capital, said competition for Link was not a surprise.
Loading...
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
