Following the announcement that Dye and Durham (D&D) is planning a takeover of Link Group, the Financial Conduct Authority (FCA) has said it will impose certain conditions.
Link Fund Solutions (LFS) – one of the companies proposed for acquisition - managed the LF Woodford Equity Income Fund (WEIF), which is still subject to investigation by the FCA.
The FCA said it is “likely” to seek a redress payment from LFS of up to £306 million.
This redre...
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