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MAN GROUP PLC ACQUISITION OF GLG PARTNERS, INC
On May 17th 2010 Man group plc, the world's largest publicly traded hedge fund acquired GLG Partners, a leading global multi-strategy investment manager founded in 1995, for $1.6 billion in cash and stock. The combined company will manage $63 billion in assets worldwide.
The Man Board believes that the Acquisition provides compelling strategic and commercial benefits to Man Sharholders through :
Two businesses are highly complementary, both focused on delivering long term performance but each with differing client bases and uncorrelated investment strategies. The combination of Man's outstanding distribution and structuring capabilities together with the GLG leading investment teams will benefit all shareholders, particularly investors whose interests will be exceptionally well served from within the combined group.
We at Capital Performance Partners SA remain focused on your needs and commited to delivering performance and service levels of the highest standards.
The information provided here is based on data we consider reliable but which we do not represent to be accurate or complete. Any recommendation contained in this report may not be suitable for all investors. Past performance is not indicative of future performance results.
Grand-Chêne 6, 1003 Lausanne - Switzerland. Phone : +41 21 331 15 50 - Fax +41 21 331 15 25 E-MAIL : pshama@cperformance.com
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