Slaughter and May is advising Neptune Investment Management Limited on its proposed acquisition by Liontrust Asset Management Plc

Slaughter and May is advising Neptune Investment Management Limited on its proposed acquisition by Liontrust Asset Management Plc for total consideration of up to £40 million. The consideration will be satisfied by the issue of up to £35 million in new ordinary Liontrust shares, and up to £5 million in new ordinary Liontrust shares dependent on the future level of AuM managed by the Neptune Investment Team.

Completion is conditional upon, amongst other things, obtaining applicable regulatory approvals and is expected to take place in October 2019.