Dec 10 (Reuters) - Link Administration Holdings LNK.AX said on Thursday it would give U.S. software firm SS&C Technologies Holdings Inc SSNC.O due diligence access, to better its A$3.02 billion ($2.25 billion) offer in the race to buy the shareholder registry firm.
Link said SS&C Technologies' A$5.65 per share offer was not compelling enough, despite being nearly 5% higher than a rival bid from private equity firms Carlyle Group CG.O and Pacific Equity Partners. Technologies and the private equity duo now both have access to Link's books. of Link on Wednesday ended higher than the Carlyle-backed consortium's A$5.40 per share offer, but shy of SS&C Technologies' bid.
Link, which also provides services to fund managers and trading firms, said in October it was looking at potentially spinning-off PEXA, an online property transaction firm owned 44.2% by Link, into a separate listed company.
The Carlyle offer also includes an option to buy Link without PEXA for A$3.80 per share.
($1 = 1.3435 Australian dollars)