Dye & Durham Is Said to Mull Walking Away From Link Deal (1)

Software firm Dye & Durham Ltd. is weighing walking away from pursuing Australian data-services outfit Link Administration Holdings Ltd., according to people familiar with the matter, potentially ending a deal that was once worth C$3.2 billion ($2.5 billion).

The Toronto-based firm may not table a new offer for the Australian pension fund management platform after its revised bids were rejected, according to the people, who asked not to be identified as the matter remained confidential.

No final decision has been made and Dye & Durham could still proceed with its pursuit of Link, the people said. Representatives for Dye ...