The Toronto-based legal and financial software maker raised its offer to A$4.70 per share, down from its December 2021 offer of A$5.50 per share—but up from the A$4.30-per-share price the board turned down earlier this week. The new offer price includes A$0.13 per share with the sale of Link’s banking and credit management business. (The Logic)

Talking point: Most Canadian firms dialed back deal-making in the first half of this year, but the global economic slowdown wasn’t enough for Dye & Durham to get the M&A discount it wanted. Australian regulators were concerned the takeover would create too much integration in e-conveyancing, an industry that has emerged as property sales have digitized. Dye & Durham said the sweetened offer, with the sale of the banking business, should give Link’s shareholders “greater certainty” that the deal will go through. But Australia’s competition regulator said Thursday that it has still not agreed to approve the acquisition. Link Group said it’s considering the new offer.