Catella completes purchase of APAM stake

Catella APAM

European property investment group Catella has completed its acquisition of 75% of the share capital of UK investment manager APAM.

Sweden-based Catella, which is listed on Nasdaq Stockholm, acquired the stake to take control of APAM for £18m, on a debt and cash free basis.

The takeover, originally agreed in March, has now been approved by regulators Commission de Surveillance du Secteur Financier (CSSF).

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Due to the unprecedented challenge facing our industry at this time will be entirely free to view to all users until 19 April. Register now to benefit from the following:

  • UNLIMITED access until 19 April
  • From 20 April, can still access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue