Gottex says offer for London-listed arm withdrawn

* Board of GMNT said 75p per share offer too low * Shares of GMNT last traded at 67 pence ZURICH, Nov 9 (Reuters) - Swiss fund of hedge funds group Gottex (GFMN.S) said late on Friday potential buyers had withdrawn a 75 pence ($1.25) per share offer for Gottex Market Neutral Trust (GMNT.L), its London-listed arm.

Gottex said in a statement the GMNT board had rejected the indicative, non-binding offer from parties it did not identify, which was at a 13 percent discount to the unit's most recent unaudited net asset value.

The board decided the offer did not reflect the company's inherent value or the value that could be realised by selling the company's assets, Gottex said.

GMNT shares are thinly traded, and last exchanged hands at 67 pence per share on Oct. 27.

Gottex said the GMNT board has conducted a review of the portfolio's value in conjunction with JP Morgan Cazenove and would discuss with major shareholders how to deliver greater value by the end of the year. ($1=.6025 Pound) (Reporting by Martin de Sa'Pinto; Editing by Hans Peters)