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Liontrust strikes £96m deal to acquire GAM
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Liontrust, the listed UK asset manager, has struck a deal to acquire Swiss fund group GAM following weeks of negotiations.
The deal, valued at £96m and expected to complete during the final quarter of 2023, will create an asset manager overseeing £53bn and marks the latest in a series of recent acquisitions for Liontrust.
The London-based...
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