GAM Alternatives investment managers oppose JE Holdings' tender offer for Robinsons Retail Holdings, Inc., Philippines; BPI stake ~70% of takeover price.
GAM Alternatives investment managers oppose JE Holdings’ tender offer for Robinsons Retail Holdings, Inc., Philippines; BPI stake ~70% of takeover price. GAM Alternatives investment managers say Robinsons Retail Holdings tender offer significantly undervalues the company GAM Alternatives investment managers say Robinsons Retail Holdings tender offer significantly undervalues the company This communication relates solely to investment activity undertaken as part of GAM Alternatives. Activist engagement is undertaken by the portfolio managers in pursuit of stated investment objectives. It should not be interpreted as a statement of corporate policy or opinion by GAM Investments. This communication is not directed at and is not intended for distribution to or use by any person in the United States or any U.S. Person as defined under Regulation S of the U.S. Securities Act of 1933. ...