Henderson front-runner for Gartmore - papers 1st March

According to the paper, Roger Yates - Henderson’s chief executive - did not name Gartmore but said he was looking at a specific potential acquisition. The £200m payout promised for February six months ago is now postponed pending a decision on the acquisition within a few weeks. Analysts say they are certain Gartmore, which is expected to fetch £600m, is the target as Katrina Preston of Bridgewell Securities told the paper “there’s little doubt in my mind that it’s Gartmore”. The Times points out Gartmore would dramatically strengthen Henderson’s hedge fund range, its presence in Europe...