Anima and Atlas compete for Arca’s acquisition

Italy’s independent asset manager Anima Holding and US investment firm Atlas Merchant Capital are bidding for the acquisition of Arca SGR.

A non-binding bid  was presented by Anima Holding for 100% of Arca, valuing the rival at between €700-€800 an Anima official told Reuters.

US investment firm Atlas Merchant Capital, launched by former Barclays boss Bob Diamond, instead values Arca at around €1bn, two internal sources told Reuters last week.

Close Window
View the Magazine

You need to fill all required fields!