By Andy Silvester A consortium led by Sir Peter Wood, the founder of Direct Line, and City fund management bigwig Gary Channon appears set to take the reins of Dignity, the London-listed funeral firm. In an announcement to markets this evening, Dignity said it would be “minded to recommend” a fourth offer by Wood and Channon’s consortium to shareholders – with existing investors offered the chance to continue investing via either a private Bidco or through the London-listed investment firm Castelnau, run by Channon, or cash out. Channon – whose fund Castelnau is backed by Phoenix Asset Managem…