Former Gartmore owner and US private equity firm Hellman & Friedman has been approached about backing a buyout of Old Mutual Investment Management from parent Old Mutual Wealth.
Hellman & Friedman is among a number of parties in talks with OMGI as it attempts to spark interest in the business' auction, according to Sky News. A potential deal would see CEO Richard Buxton lead...
£1bn business since inception
Considered doing so in 2015
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