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Jefferies-linked fund secures London freezing order against Radiant World

LAM Trade Finance Group II, with a minority stake held by Jefferies, obtained a freezing order from a London court against iron ore trader Radiant World and its founder, a source said.

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LAM Trade Finance Group II, in which U.S. bank Jefferies NYSE:JEF holds a minority stake, secured a freezing order from a court in London against iron ore trader Radiant World and its founder, a person with direct knowledge of the matter said.The source declined to be named due to the sensitivity o…