GAM Holding AG (GAM.SW)
| Previous close | 0.2600 |
| Open | 0.2570 |
| Bid | 0.2350 x 0 |
| Ask | 0.2850 x 0 |
| Day's range | 0.2500 - 0.2610 |
| 52-week range | 0.2300 - 0.6500 |
| Volume | |
| Avg. volume | 109,690 |
| Market cap | 41.239M |
| Beta (5Y monthly) | 1.48 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 30 Apr 2018 |
| 1y target est | N/A |
- Reuters
Swiss takeover board rules NewGAMe's partial offer for GAM shares complies with rules
The board's ruling, however, is subject to the conditions that NewGAMe supplemented its prospectus with additional information about the investor group, and details about the financing agreement between GAM and Rock Investment. GAM said on Tuesday it had reached an agreement with French billionaire Xavier Niel's NewGAMe and Rock Investment, to extend a liquidity lifeline of 20 million Swiss francs ($22.65 million) as asset manager Liontrust declared its bid for GAM unsuccessful.
- Reuters
GAM in talks with Niel's NewGAMe after Liontrust offer falters
ZURICH (Reuters) -GAM has entered into discussions with French billionaire Xavier Niel's NewGAMe shareholder group after a takeover offer from Britain's Liontrust failed to gain the required level of support. British asset manager Liontrust won the backing of just 33.64% of GAM's shareholders, interim results published on Thursday showed, prompting GAM's board to enter into discussions with the shareholder group with whom it has been at odds since May, seeking bridge financing for the troubled asset manager as well as an expected turnover in management.
- Reuters
GAM cancels EGM after investors withdraw proposals
GAM Holding's board of directors has decided to cancel an extraordinary general meeting scheduled for Aug. 18, the Swiss asset management firm said on Monday, after the investor group that requested the meeting withdrew their proposals. "Given Rock's request to withdraw the Rock Proposals, the Board has decided to cancel the EGM," GAM said in a statement, referring to an investor that was part of a group, led by French billionaire Xavier Niel, seeking an alternative to a takeover offer by British rival Liontrust.
