Waystone Group’s acquisition of Link Fund Solutions is on track for completion in October 2023, after one of the contractual conditions for the sale was satisfied.
In a notice on the Australian Stock Exchange yesterday (2 August), Link Group said counterparties to Link Fund Solutions' (LFS) contracts, representing the threshold majority of revenue, have agreed to transfer those contracts to Waystone Group on completion of the sale. It also said full satisfaction of this condition, and completion of the acquisition, remains subject to receipt of certain regulatory approvals in the UK and Ireland, as well as the completion of other administrative formalities. FCA agrees up to £235m Woodford payout as settlement of Link Fund Solutions investigati...
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