LNK News: Link Administration's proposed $1.6 billion buyout by Canada's D&D falls through - 23rd Sep 2022, 5:58pm

annb0t

Top 20
By Harish Sridharan

(Reuters) -Link Administration's A$2.47 billion ($1.63 billion) proposed deal to be acquired by Canada's Dye & Durham (D&D) fell through on Friday, after a local court denied approving the offer citing failure to meet key conditions.

The share registry firm had flagged this week that Britain's Financial Conduct Authority (FCA) could fine Link's UK unit, Link Fund Solutions Ltd (LFSL), 50 million pounds in addition to potential 306.1 million pounds in redress over its manage...

>>> Read more: Link Administration's proposed $1.6 billion buyout by Canada's D&D falls through
 
Top Bottom