Henderson Group has confirmed it is in talks to acquire certain businesses of US group RidgeWorth Capital Management.
RidgeWorth, owned by SunTrust Banks, manages approximately $63.1bn in assets through its multi-boutique structure. Henderson says: "The group reviews a range of strategic opportunities from time to time. "Discussions with SunTrust regarding a possible transaction are ongoing and there is no certainty that any transaction in relation to RidgeWorth will proceed." More to follow...
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