Australia's ASX Mulling $1.4B Share Registry Buyback

Law360, New York (June 1, 2012, 4:04 PM EDT) -- Australian stock exchange operator ASX Ltd. confirmed Friday that it is considering a potential acquisition of share registry Link Market Services, which it sold to Private Equity Partners for $130 million in 2005 and which it may buy back for a reported $1.36 billion.

A spokesman for ASX could not immediately be reached Friday to confirm the figure, which was reported by Reuters.

The company did say in a statement that it it has signed a confidentiality agreement that provides it with necessary financial information about...
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