Carlyle Group Inc (The)

NASDAQ:CG   3:59:58 PM EDT
51.14
-0.05 (-0.10%)
Earnings Announcements

Link Administration Holdings Enters A Scheme Implementation Deed With Dye & Durham

Published: 12/22/2021 02:24 GMT
Carlyle Group Inc (The) (CG) - Link Group Enters Into Scheme Implementation Deed.
Entered Into a Scheme Implementation Deed With Dye & Durham.
Dye & Durham Will Acquire 100% of Share Capital of Link Group by Way of a Scheme of Arrangement.
Shareholders Will Receive A$0.03 per Share Interim Dividend Expected to Be Paid by Link Group and Franked at 100%.
Intends to Pay a Further Special Dividend of About A$0.08 per Share.
Board Unanimously Recommends That Shareholders Vote in Favour of Scheme in Absence of a Superior Proposal.
After About 5 Weeks of Detailed Due Diligence, No Binding Offer Has Been Received From Carlyle.
Dye & Durham Has Now Completed Its Due Diligence.
Scheme Meeting Currently Expected to Be Held in May 2022.
If Group Reaches Deal to Sell Bcm Business, Shareholders Are Entitled to Get Any Net Consideration From the Sale.
Intended That Any Bcm Consideration Will Be Distributed to Group Shareholders in Form of Return of Capital.
Revenue is expected to be $1.09 Billion
Adjusted EPS is expected to be $1.12

Next Quarter Revenue Guidance is expected to be $1.03 Billion
Next Quarter EPS Guidance is expected to be $1.04

More details on our Analysts Page.