20th Feb 2015 06:48
LONDON (Alliance News) - Man Group PLC, the investment manager, is discussing a takeover deal for London asset manager NewSmith, according to a Financial Times report on Thursday.
The report, which cited people familiar with the situation, said the deal could be announced as early as Friday.
However, the deal is not yet final, and the price isn't clear, the report said.
http://www.ft.com/cms/s/0/96fe6422-b872-11e4-a2fb-00144feab7de.html?siteedition=uk#axzz3S6ZYQEKQ
By Samuel Agini; [email protected]; @samuelagini
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