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Gam reaches 'first steps in turnaround' as £92mn deal signed

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Swiss asset management firm Gam said it had taken the first steps in a ‘turnaround plan’ for the business to return to profitability. It comes in the wake of a failed takeover of the firm by Liontrust in August.  The £96mn bid was not backed by shareholders and instead it…

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Click here to read the full story: FT Adviser

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