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LNK ASX: Japanese giant Mitsubishi UFJ in $1.2 billion takeover bid for share registry and superannuation administrator Link Group
The $2.10-a-share bid is at a 33 per cent premium to the last close, and comes after Link had four other buyout proposals in the past four years.
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LNK ASX: About 300,000 cranky investors in a Woodford retail fund in the UK will share in a $436m compensation package as Link Group exits its UK nightmare.
UK authorities back a deal where Link will pay $436 million compensation to investors who lost money in the collapse of a Woodford retail investment fund.
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LNK share price: Link Group tumbles to big loss as UK exit nears
While CEO Vivek Bhatia is cutting costs hard, shareholders who bought into the float are nursing big losses on paper.
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