Brief: GAM Holding To Sell ManCo Units In Europe, UK To Apex Group

Gam Holding AG

11/07/2024 11:06

July 11 (Reuters) - GAM Holding AG  GAMH.S :
    * REACHED AN AGREEMENT TO TRANSFER ITS MANCO ACTIVITIES IN
IRELAND, LUXEMBOURG AND THE UNITED KINGDOM TO APEX GROUP LTD
    * TRANSACTION IS SUBJECT TO APPROVAL BY THE RELEVANT
AUTHORITIES
    * TRANSFER AGREEMENT INCLUDES THE SALE OF GAM FUND
MANAGEMENT LTD,
DUBLIN, INCLUDING ITS INTERNAL TRANSFER AGENCY FUNCTION, TO APEX
GROUP
    * AGREEMENT ALSO MEANS THAT GAM AND APEX GROUP WILL TRANSFER
THE
MANCO SERVICES FOR GAM FUNDS IN LUXEMBOURG AND THE UK TO
RESPECTIVE SUBSIDIARIES OF APEX GROUP

Further company coverage:  GAMH.S 

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