(Updates with share movement)

Oct 5 (Reuters) - Link Administration on Wednesday received an A$1.27 billion ($825.37 million) bid from Canada's Dye & Durham (D&D) for its corporate markets and banking segments, days after D&D's takeover offer for the entire company fell through.

Shares of Australia's Link rose as much as 6.4% in early Wednesday trade and were eyeing their best session in nearly a month.

D&D's bid for the share registry firm's units came just days after the legal software maker's $1.63 billion proposed acquisition of Link fell due to regulatory headwinds and global market volatility.

Link said it received an A$1.1 billion offer on Oct. 2 for its corporate markets segments and parts of the banking and credit management business. This offer followed a proposal from D&D last week to acquire the firm's corporate markets business for A$950 million.

The share registry firm said it would consider the A$1.27 billion offer.

Link's corporate market arm offers services such as share registry, employee share plans and investor relations. It is also the company's second-highest revenue generating segment.

The unit accounted for 31% of Link's revenue in fiscal 2022 with UK-based media firm ITV and Australian gambling company Tabcorp as its clientele, according to its annual report. ($1 = 1.5387 Australian dollars) (Reporting by Tejaswi Marthi and Roushni Nair in Bengaluru; Editing by Krishna Chandra Eluri)