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FNZ is challenging a U.K. regulator’s opposition to its takeover of GBST, which now favors full divestment from the merger.
Wealth management vendor FNZ’s controversial takeover of GBST is back in the news as FNZ is responding to the initial decision by the Competition and Markets Authority (CMA) to block the acquisition. At the same time, GBST appears to be willing to accept the U.K. regulator’s findings. In a provisional finding, the CMA earlier this...
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