Henderson Group Plc climbed the most in almost two years after agreeing to buy rival fund manager Gartmore Group Plc for 335.3 million pounds ($ 524 million) in an all-stock deal.
BusinessWeek.com — Finance
Henderson Group Plc agreed to buy Gartmore Group Ltd. for about 335.3 million pounds in stock.
BusinessWeek.com — Finance
Henderson Group Plc offered to pay about 344 million pounds ($ 534 million) for Gartmore Group Ltd., the U.K. fund manager that put itself up for sale in November, the Financial Times reported, citing unnamed people familiar with the negotiations.
BusinessWeek.com — Finance
Gartmore Group Ltd., the U.K. fund manager that put itself up for sale last month, will cut more than 10 percent of its U.K. workforce to help lower costs, a personal with knowledge of the decision said.
BusinessWeek.com — Finance
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