Liontrust further extends GAM offer period
Shareholders have until 4 August to weigh up the proposed takeover
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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Backed by 84% of votes at a general meeting held on 7 July
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