Henderson Global Investors is believed to have made a 95p per share offer for beleaguered fund manager Gartmore.
According to reports in the Financial Times over the weekend, Henderson has made a conditional offer, which is a discount to Gartmore's closing share price on Friday of 104.8p. The offer values Gartmore at £344m in total. This would be paid in a mix of cash and Henderson shares, according to people close to the talks. Gartmore CEO Jeffrey Mayer is believed to be keen to complete the deal by the end of the year but there is no certainty of its success, according to the Financial Times. According to reports, Gartmore also received two other offers from fund manager GAM and Japanese...
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