Liontrust to Acquire River Global's Asset Management Arm

River Global to sell asset management arm to Liontrust

River Global has reached a conditional agreement to transfer its entire asset management business to Liontrust Asset Management. The deal involves the sale of River Global Holdings Limited, the group’s asset management holding company. Under the agreed terms, Liontrust will pay an initial £7.6m ($10.1m) in shares. A further payment of up to £2.1m, also in shares, is contingent on certain revenue targets being met within a year after completion. …

Liontrust strikes £7.6 million deal to acquire River Global’s asset management arm

The acquisition is expected to close before September 2026 and is set to bolster the UK-based asset manager’s platform through enhanced investment capabilities and a broader client base.

AIM movers: River Global selling asset management business and DSW hit by postponed M&A

River Global (LON: RVRG) plans to sell the asset management business it has built up to Liontrust Asset Management (LON: LIO). The initial consideration will be £7.6m in Liontrust shares, followed by up to £2.1m shares depending on certain revenues being achieved. The deal will also release capital from the business. The Liontrust shares will […] The post AIM movers: River Global selling asset management business and DSW hit by postponed M&A app…

Liontrust to acquire River Global’s asset management unit

Liontrust has struck an all-share deal to acquire River Global’s asset management business for £9.7m. The figure includes £7.6m for the main business and a £2.1m adjustment for the European Opportunities Trust mandate. Liontrust said the deal will further expand its investment talent, bringing in experienced managers and proven processes. Executive chair of River Global, Martin Gilbert, will join Liontrust as a non-executive director as part of …