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 time of...
ISSN: 2151-1845 / CDC10004H
The full contents of this article are available to active Absolute UCITS subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial or subscribe to Absolute UCITS.
Subscribers have unlimited access to all current content, including UCITS fund performance Live League Tables. Start your subscription today - click on the button below.