NGI 0.54% $1.86 navigator global investments limited

$1.6bn takeover of GLG.for GLG , the New York-listed hedge fund...

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    $1.6bn takeover of GLG.
    for GLG , the New York-listed hedge fund that manages more than $24bn of assets.

    Hfa manages $6 bn assets, may worth $400mil. Take away its $1mil debt. Hfa may worth $300mil.

    Hfa's revenue is about $80mil a year. this is now equal to its market cap. looks ridiculous to me.
 
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