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
The offer period was due to end on 25 July but was twice extended
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Shareholders have until 4 August to weigh up the proposed takeover
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The asset manager has also written to the Swiss Takeover Board
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NewGAMe had urged shareholders to hold off on supporting the takeover
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Offer at a 29.1% premium to the Liontrust proposal
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The offer has been recommended by the Gresham board
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‘The clock is now at one minute to midnight for the future of GAM’
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Rumoured to have given prospective buyers until the end of July to table offers
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Allegedly working with Goldman Sachs on a review of the business
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GAM board calls for shareholders to accept the deal
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Following the appointment of Gabrielle Beaumont as CEO
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Assets managed by robo advisers will reach $5.9trn in four years
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