GAM investor group requests EGM delay until after Liontrust offer outcome
FCA has granted approval for the proposed takeover
acquisitions
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Progeny buys Nottingham-based wealth manager
Purchase brings Progeny’s AUM to £8bn
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NewGAMe and Bruellan call for final deadline on Liontrust’s GAM offer
The offer period was due to end on 25 July but was twice extended
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Liontrust further extends GAM offer period
Shareholders have until 4 August to weigh up the proposed takeover
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Liontrust removes FMS exit condition and extends GAM offer period
NewGAMe had urged shareholders to hold off on supporting the takeover
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GAM investors aim to scupper Liontrust takeover bid with rival offer
Offer at a 29.1% premium to the Liontrust proposal