Polar Capital to acquire Dalton SP for £15.6m
Adding European capability
Gavin Rochussen, CEO of Polar Capital
Polar Capital has reached an agreement to acquire 100% of the issued share capital of Dalton Capital Limited, the parent company of Dalton Strategic Partnership, for a total consideration of £15.6m.
This estimate, which is based on the current AUM of Dalton SP, will be split between the initial consideration of £8.3m, of which £7.8m will be paid in cash and £0.5m in Polar Capital shares, and a further...
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