Liontrust Asset Management, an asset management company, agreed to acquire GAM, a global investment management group, for £96m ($120m). "This is a significant acquisition that accelerates the growth of Liontrust through enhancing our distribution globally, product capability and investment talent. Liontrust and GAM are both client centric businesses that thrive on providing solutions and first-class service. The enlarged company will provide the platform from which to deliver this to a broader client base," John Ions, Liontrust CEO. On August 4, 2023, Liontrust extends offer period to August 23, 2023.