MARKET REPORT: Liontrust shares soar as Swiss tie-up is rejected
The FTSE 250 company struck a deal with the board of GAM in May to buy it for £96m in the hope of creating a global powerhouse.
Source: dailymail.co.uk
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U-turn? GAM enters financing talks with Xavier-Niel backed group
Ailing fund manager GAM has turned to a rebel group of shareholders for emergency funding today despite previously rebuffing the offer.
Source: cityam.com
Liontrust bid fails as GAM enters discussions with shareholder group NewGAMe
Liontrust has failed in its takeover bid for GAM, achieving just 33.45% of total shares tendered, well short of the 66.6% minimum acceptance level.
Source: investmentweek.co.uk
GAM shareholders reject Liontrust offer, turn to bridge financing
Shareholders of GAM rejected Liontrust Asset Management's offer to acquire the Swiss money manager.
Source: pionline.com
MARKET REPORT: Liontrust shares soar as Swiss tie-up is rejected
The FTSE 250 company struck a deal with the board of GAM in May to buy it for £96m in the hope of creating a global powerhouse.
Source: thisismoney.co.uk