Davis Polk is advising Artio Global Investors Inc.’s Strategic Review Committee of independent directors in connection with Artio Global’s acquisition by Aberdeen Asset Management PLC for $2.75 in cash per share. The transaction, which is expected to close by the end of the second quarter or early in the third quarter of 2013, is subject to customary closing conditions, including U.S. antitrust approval, approval of a majority of Artio Global shareholders and approval of certain Artio Global mutual fund boards and shareholders.
Artio Global Investors is an asset management company that provides active investment management services to institutional and mutual fund clients that seek to invest in global fixed income and equity markets. Aberdeen Asset Management is a leading global asset management company with over $314 billion in assets under management.
The Davis Polk corporate team includes partners John D. Amorosi and Michael Kaplan, counsel Ajay B. Lele and associates Xiaoxi Lin, Christian Lang and Jesse Kramer. Partner Harry Ballan is providing tax advice. Partner Edmond T. FitzGerald and associate Gillian Emmett Moldowan are providing employee benefits advice. Partner Gregory S. Rowland is providing investment management advice. All members of the Davis Polk team are based in the New York office.
