GLP Capital Partners and Ares Management Corp to Merge in $5.2 Billion Deal

GLP Group has announced the merger of its fund management business, GLP Capital Partners (GCP), with Ares Management Corporation, a leading alternative asset management company listed on the New York Stock Exchange. The merger includes GCP's international operations in Japan, the United States, Europe, Brazil, and Vietnam. The transaction is valued at a total of $5.2 billion, which consists of an initial consideration of $3.7 billion and a potential additional payout of up to $1.5 billion tied to performanc ...