Liontrust Asset Management has confirmed that it is in discussions with wealth manager GAM Holding AG to potentially acquire the firm.
The deal would see GAM's investment management business combined with Liontrust's investment management business.
Whilst Liontrust has made an approach to the board of GAM, there is no certainty that this will lead to a formal offer, nor as to the timing or terms of any such offer.
There is also no assurance that, ev...