Page 79 - Link Group News Today

Link - the firm responsible for supervising Woodfords management of his funds - decided to suspend the £3.7bn Woodford Equity Income Fund in 2019.

Money Management provides accurate and informative editorial coverage of the Australian financial services and investment management sectors.

Dye & Durham Ltd. has revised its takeover bid for Australia's Link Group after the Financial Conduct Authority last Monday told the Canadian company to set aside at least £306 million ($350 million) in redress if it wanted to carry out the acquisition.

After the UK regulator placed conditions on the deal, Dye & Durham has provided an updated offer to Link Group but the administrator says it cant recommend it to shareholders.

Link and its Canadian suitor, Dye & Durham, are once again at loggerheads on how to proceed with the incident-plagued takeover.

The S&P/ASX 200 dropped 0.3 per cent to 6719.9 as losses posted by the rate-sensitive technology sector offset strong gains by lithium shares.

Dye & Durham has again revised its offer for Link after the UK’s financial regulator placed conditions on the takeover. Editor’s note: This story originally appeared on Lawyers Weekly’s sister b

TORONTO — Link Administration Holdings Ltd. is rejecting changes Dye & Durham Ltd. has proposed to its takeover offer for the company after a decision by the U.K. Financial Conduct Authority (FCA).

Australia’s Link Administration Holdings (LKADF) said on Monday Canadian software firm Dye & Durham (DYNDF) has lowered its buyout offer by A$1 a share, citing the UK financial...

TORONTO - Australia's Link Administration Holdings Ltd. is rejecting proposed changes Dye & Durham Ltd. has made to its takeover offer.