Wealth and Asset Management
GAM shareholders offer new loan facility to replace Liontrust offer
A GAM investor group has offered the firm an alternative loan facility as a backup if Liontrust Asset Management’s buyout offer of the group is unsuccessful. Anthony Maarek, managing director of Xavier Niel's NJJ Holding, a French-incorporated entity which oversees NewGAMe, the GAM shareholder controlling approximately 9.6% of its shares,…
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