M&A - Ares Management Corp

Form Type: 8-K

Filing Date: 2025-03-03

Corporate Action: Acquisition

Type: New

Accession Number: 000162828025009215

Filing Summary: On March 1, 2025, Ares Management Corporation closed the acquisition of the international business of GLP Capital Partners Limited, excluding its operations in Greater China. In connection with this acquisition, the company will issue up to 10,464,654 shares of Class A common stock and 2,098,332 restricted units (RSUs) to the service provider sellers of GCP International. Each RSU entitles the holder to receive one share of Class A common stock upon vesting. The shares will be issued in accordance with Section 4(a)(2) of the Securities Act as part of compensation for the equity interests of the sellers in GCP International. A press release regarding the acquisition was issued on March 3, 2025, and is included as an exhibit to this filing.

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