Henderson unveils offer for Gartmore, ties in key managers

Wed Jan 12, 2011

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Henderson has announced its planned acquisition of Gartmore Group plc, the London-listed fund manager that fell into disarray last year as a result of the departures of its star European equity managers Roger Guy and Guillaume Rambourg.

The proposed deal values Gartmore at some £330 million and is based on a bid of around 92p per share - compared with a flotation price of 220p for Gartmore at the time of...

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