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IG investor questions $1bn US deal

It turns out Securities Trust of Scotland would have preferred a special dividend or buyback
IG investor questions $1bn US deal
  • Securities Trust of Scotland slams governance, price and strategy
  • Investor has made 91.5 per cent return on IG in less than five years

A former institutional investor in IG Group (IGG) has described the recent takeover of US options and futures brokerage tastytrade as a “questionable allocation decision” in the wake of its decision to sell out of the spread-betting platform.

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