Henderson unveils offer for Gartmore, ties in key managers
Wed Jan 12, 2011
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
ISSN: 2151-1845 / CDC10004H
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