UK takeover wave rolls on with £470 million bid for fund manager Gresham House
Yet another UK firm leaves the marketPrice is 10% above all-time highSuggests asset managers are undervaluedShareholders in alternative asset manager Gresham House (GHE) will be popping the champagne corks today after the firm revealed it had agreed a buyout by private investment group Searchlight at £11.05 per share, a 63% premium to its last price.Gresham House shares, which had lost 10%...
