GAM rejects investor group’s EGM delay request
Board ‘determined’ to go forward as planned despite Liontrust offer period extension
Board ‘determined’ to go forward as planned despite Liontrust offer period extension
FCA has granted approval for the proposed takeover
CEO John Ions criticised the investor group’s proposal, accusing them of being ‘long on rhetoric’ but ‘short on detail’
Swetha Ramachandran will co-manage the Artemis Global Select fund
The offer period was due to end on 25 July but was twice extended
Shareholders have until 4 August to weigh up the proposed takeover
The asset manager has also written to the Swiss Takeover Board
NewGAMe had urged shareholders to hold off on supporting the takeover
Offer at a 29.1% premium to the Liontrust proposal
This stance aligns the shareholder with NewGAMe and Bruellan
‘The clock is now at one minute to midnight for the future of GAM’
GAM board calls for shareholders to accept the deal