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Liontrust proposes to acquire River UK Micro Cap's portfolio manager

River UK Micro Cap Limited (RMMC) said Liontrust Asset Management Plc has proposed to acquire River Global Holdings Limited, the holding company of the firm that manages the Company's investments, signalling a potential change in ownership of its portfolio manager.

by tickstock newsroom
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The company said "the independent Board remains committed to the successful investment strategy that was put in place at IPO in 2014".

River UK Micro Cap said it will notify shareholders of what the deal would mean for them if the transaction goes ahead.

The recap

  • Liontrust Asset Management Plc has proposed to acquire River Global Holdings Limited, the holding company of River Global Investors LLP.
  • "the independent Board remains committed to the successful investment strategy that was put in place at IPO in 2014," the company said.
  • River UK Micro Cap (RMMC) will update shareholders on implications should the transaction proceed.
by tickstock newsroom
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