Liontrust to buy Swiss asset manager GAM in £96m deal

4th May 2023 07:30

(Sharecast News) - Liontrust on Thursday said it had agreed to buy GAM Holding in a recommended deal valuing the Swiss asset manager at 107m Swiss francs (£96m)

GAM said clients would benefit from access to a broader range of strategies, services and stability from the combination with its UK bidder.

Reporting by Frank Prenesti for Sharecast.com

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