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
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date