Investor group NewGAMe and Bruellan, which holds a 9.2% stake in GAM, has continued its campaign against the group's buyout by Liontrust, calling for an extraordinary general meeting to be held to remove the former's board. NewGAMe and Bruellan have persistently pushed back on GAM's takeover by Liontrust, which was announced back on 4 May. Investors have until 11 August to accept the deal, but this cohort of shareholders have constantly protested that the deal was not in GAM's best interests. GAM shareholders take fresh concerns over Liontrust takeover to Swiss authorities Last ...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
