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Bidders eye up Keydata assets

KEYDATA Investment Services has attracted a line-up of potential new buyers after going into administration.<br /><br />Specialist investment boutique Jubilee Financial Products and Opal, a provider of structured product services, are two of the companies who have approached administrators Pricewaterhouse-Coopers (PwC).<br /><br />The Financial Services Authority (FSA) placed the firm, which has 85,000 investors, into administration.<br /><br />PwC partner Dan Schwarzmann said: &ldquo;There are a number of Keydata products which may not comply with ISA regulations.&rdquo;