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Monday 8th of June 2009
Grant Samuel has provided an independent report on the merits or otherwise of ING's offer to investors in its CDO-backed funds, DYF and RIF.
The report says the offer is "fair and reasonable" and "substantially higher" that the net asset value of the funds. However its analysis does not put a value on the release investors need to sign to accept the revised cash out offer.
Investo...
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