GAM cancels EGM on investor proposals after ‘vexatious’ withdrawal
The meeting was planned to give shareholders a vote on proposals made by Rock Investment
The meeting was planned to give shareholders a vote on proposals made by Rock Investment
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CEO John Ions criticised the investor group’s proposal, accusing them of being ‘long on rhetoric’ but ‘short on detail’
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The offer period was due to end on 25 July but was twice extended
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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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GAM board calls for shareholders to accept the deal
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Investment firm criticised the trust’s board for a lack of engagement in due diligence process
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Apollo Private Wealth snaps-up fellow SJP partner Debra Wait Wealth Management
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A takeover bid for the John Laing Infrastructure investment trust is set to reduce choice for investors in the closed-ended subsector.
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British American Tobacco (BAT) has made an unsolicited $47bn (£38.5bn) offer for full control of Reynolds American in a deal that would create the world’s largest tobacco company by sales.
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