UK - Syndicate Asset Management (SAM), the AIM specialist fund management group, has today announced it will buy Savoy Asset Management for £17m in cash.
The offer, made in cash, will be 178.1% in cash for each Savoy ordinary share, effectively valuing the the total share capital of the house at £17.4m. The acquisition of Savoy is the fourth made...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here