Liontrust says it has made 'final offer' for GAM

Gam Holding AG

21/07/2023 07:13

LONDON, July 21 (Reuters) - British asset manager
Liontrust  LIO.L  said on Friday that it had made its final
offer for Swiss rival GAM Holding  GAMH.S , after a backlash
from some investors against the planned takeover.
    Liontrust conditionally agreed to acquire GAM in May in a
deal that valued the company at 107 million Swiss francs ($124
million).
    ($1 = 0.8661 Swiss francs)

 (Reporting by Iain Withers; editing by Jason Neely)
 ((Iain.Withers@thomsonreuters.com;))