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Henderson Group - Acquisition completes

1 Oct 2014 17:14

RNS Number : 2228T
Henderson Group plc
01 October 2014
 

 

 

 

 

 

Henderson completes acquisition of Geneva Capital Management

 

 

1 October 2014

 

Further to the announcement of 30 June 2014, Henderson Global Investors confirms that it has completed its acquisition of the entire issued share capital of Geneva Capital Management, the US growth equity manager. Clients representing over 90% of Geneva's assets under management (AUM) provided positive consent to the transaction. AUM acquired by Henderson is approximately $5.4 billion, resulting in payment of an initial consideration of approximately $120 million.

 

 

* * *

 

Investor enquiries

Miriam McKay

+44 (0) 20 7818 2106

Head of Investor Relations

miriam.mckay@henderson.com

 

Media enquiries

Angela Warburton

Head of Corporate Communications

 

+44 (0) 20 7818 3010

angela.warburton@henderson.com

United Kingdom: Maitland

Peter Ogden

George Trefgarne

Australia: Cannings Luis Garcia

+44 (0) 20 7379 5151

+61 (0) 2 8284 9911

 

 

About Henderson

 

Henderson is an independent global asset manager, specialising in active investment. Named after its first client and founded in 1934, Henderson is a client-focused global business with over 800 employees worldwide and assets under management of £74.7bn (30 June 2014). Its core areas of investment expertise are European equities, global equities, global fixed income, multi-asset and alternatives.

 

Henderson is dual-listed on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE) and has a market capitalisation of approximately £2.3bn (September 2014).

 

Further information can be found at www.henderson.com/group.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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ACQUGGWGUUPCGQG
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