TORONTO, June 15,
2022 /CNW/ - Dye & Durham Limited (TSX: DND)
("Dye & Durham" or the "Company"), a leading provider of
cloud-based software and technology solutions designed to improve
efficiency and increase productivity for legal and business
professionals, today provided an update regarding the regulatory
review of the company's proposed acquisition of Link Administration
Holdings Limited (ASX: LNK) ("Link Group").
The Australian Competition and Consumer Commission ("ACCC") has
published a media release and an associated Statement of Issues
regarding the proposed Link Group acquisition. The ACCC has
referred the transaction to a more extensive and comprehensive
Phase II review. The ACCC expects to make a final decision on
Sept. 8, 2022.
Dye & Durham is concerned about the statement that the ACCC
has issued and is evaluating what impact it may have on the
proposed transaction with Link. As always, the Company will work
collaboratively with all parties involved.
About Dye & Durham
Dye & Durham Limited is a leading provider of cloud–based
software and technology solutions designed to improve efficiency
and increase productivity for legal and business professionals. Dye
& Durham provides critical information services and workflows,
which clients use to manage their process, information and
regulatory requirements. The Company has operations in Canada,
the United Kingdom, Ireland and Australia, and
has a strong blue-chip customer base that includes law firms,
financial service institutions, and government organizations.
Additional information can be found
at www.dyedurham.com.
Forward-looking Statements
This press release may contain forward-looking information within
the meaning of applicable securities laws. In some cases, but not
necessarily in all cases, forward-looking statements can be
identified by the use of forward looking terminology such as
"plans", "targets", "expects" or "does not expect", "is expected",
"an opportunity exists", "is positioned", "estimates", "intends",
"assumes", "anticipates" or "does not anticipate" or "believes", or
variations of such words and phrases or state that certain actions,
events or results "may", "could", "would", "might", "will" or "will
be taken", "occur" or "be achieved". In addition, any statements
that refer to expectations, projections or other characterizations
of future events or circumstances contain forward-looking
statements. Forward-looking statements are not historical facts,
nor guarantees or assurances of future performance but instead
represent management's current beliefs, expectations, estimates and
projections regarding future events and operating performance.
Forward-looking information is based on a number of assumptions
and is subject to a number of risks and uncertainties, many of
which are beyond the Company's control, which could cause actual
results and events to differ materially from those that are
disclosed in or implied by such forward-looking information. Such
risks and uncertainties include, but are not limited to, the
factors discussed under "Risk Factors" in the Company's most recent
annual information form. Dye & Durham does not undertake any
obligation to update such forward-looking information, whether as a
result of new information, future events or otherwise, except as
expressly required by applicable law.
SOURCE Dye & Durham Limited