GAM refutes claims it misled investors over NewGAMe offer
The asset manager has also written to the Swiss Takeover Board
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
The offer has been recommended by the Gresham board
‘The clock is now at one minute to midnight for the future of GAM’
Rumoured to have given prospective buyers until the end of July to table offers
Allegedly working with Goldman Sachs on a review of the business
GAM board calls for shareholders to accept the deal
Following the appointment of Gabrielle Beaumont as CEO
Assets managed by robo advisers will reach $5.9trn in four years
Backed by 84% of votes at a general meeting held on 7 July
Deal will see the US private credit firm renamed ‘Man Varagon’