Polygon bought by its listed affiliate Tetragon for $99m
Thu Nov 1, 2012
Guernsey-based publicly quoted investment group Tetragon
Financial Group has acquired Polygon Management, the
London-based hedge fund firm whose founders are also Tetragon
Structured loans investor Tetragon used 11.69 million of its
non-voting shares to acquire Polygon - making the deal worth
around $99 million, based on a closing price of $8.43 for
Tetragon shares as at the end of last week. Tetragon also plans
to repurchase up to $150 million of non-voting shares through
ISSN: 2151-1845 / CDC10004H
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