Asset Management

Dentons, Deloitte, Alantra set to share £11m in fees after failed Liontrust deal

Liontrust said it would incur a one-off charge “of not more than £11m’, after failing to acquire its Swiss rival

Advisers set to cash in, despite collapse of deal talks
Advisers set to cash in, despite collapse of deal talks Photo: Alamy

Law firm Dentons, Big Four consultancy Deloitte and investment bank Alantra are set to receive a slice of the £11m in fees Liontrust racked up in its failed bid for Swiss rival GAM.

UK-listed Liontrust announced on 24 August that it had failed to secure enough support from GAM shareholders to pursue its £96m takeover of the Zurich-headquartered firm.

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