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Ares Management Corporation Completes Acquisition of GCP International

1. Ares completed the acquisition of GCP International, expanding its asset management. 2. Ares now manages over $525 billion in assets, enhancing its market position.

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-5.52%Current Return
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-2.51%S&P 500
$170.9403/03 06:48 AM EDTEvent Start
$161.503/04 01:15 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition signifies growth potential and increased market share for Ares. Similar acquisitions historically lead to stock price increases due to enhanced investor confidence.

How important is it?

The acquisition is a significant strategic move that may drive future revenue growth. Investors typically respond positively to successful mergers and acquisitions which enhance asset management capabilities.

Why Long Term?

The benefits from this acquisition will materialize over time as assets are integrated and synergies realized. Ares' strengthened asset management could positively affect stock performance well into the future.

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GLPBXKKR
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that it has completed its acquisition of the international business of GLP Capital Partners Limited, excluding its operations in Greater China, and certain of its affiliates (“GCP International”). With the addition of GCP International, Ares' leading global alternative investment platform managed over $525 billion in assets, including more than $115 billion in its global Real Assets business, as of Dece.

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