other material
confidence medium
sentiment neutral
materiality 0.50
AlTi Global confirms multiple preliminary indications of interest; forms Special Committee
AlTi Global, Inc.
- AlTi Global (ALTI) received multiple preliminary indications of interest regarding a potential transaction.
- Board formed a Special Committee of independent directors to evaluate strategic options.
- J.P. Morgan Securities LLC is financial advisor; Wachtell, Lipton, Rosen & Katz is legal counsel.
- No assurance of any outcome or definitive timeline; company will not comment further until appropriate.
- AlTi manages/advises on over $89 billion in assets as a global wealth manager.