Woodford investors take Covid-19 hit as Link agrees £224m sale of healthcare assets

Acacia to buy portfolio of 19 companies

David Brenchley
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Oxford Nanopore is among the ex-Woodford fund stocks included in the deal
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Oxford Nanopore is among the ex-Woodford fund stocks included in the deal

Link Fund Solutions (LFS) has agreed to sell "a significant portion" of the stricken LF Equity Income fund's holdings to US firm Acacia Research Corporation for up to £223.9m.

The deal packages up 19 healthcare assets held by Neil Woodford's former fund, which comprise both listed and unlisted stocks including Theravance Biopharma, Oxford Nanopore and Rutherford Health. Woodford...

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