Platinum Asset Management merger update

Platinum Asset Management (ASX:PTM) will not be merging with Regal Partners Limited (ASX:RPL). Regal Partners announced the decision after completing due diligence on Platinum. Both firms continue to focus on their strategic growth plans.

Conclusion and future outlook

Platinum Asset Management and Regal Partners have concluded not to merge following a thorough due diligence process. Regal Partners continues to prioritize its growth strategy, seeking opportunities in both organic and inorganic arenas. With a focus on alternative investment strategies, Regal aims to strengthen its leadership in Australia and Asia. The company, managing a diverse range of investment strategies, remains committed to leveraging its industry expertise and network.

Executive commentary on merger decision

Regal remains committed to its growth-focused strategy and will continue to explore both organic and inorganic opportunities to solidify its position as a leading provider of alternative investment strategies in Australia and Asia.