04 May 2023 | 07:30
Liontrust to buy Swiss asset manager GAM in £96m deal
(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