LONDON (Thomson Financial) - Gartmore, a well-known name in money management, today denied it was planning a 1.5 bln stg flotation.
Weekend press reports suggested that the investment firm had been preparing a flotation, but a spokeswoman for US private equity house Hellman & Friedman, which took over Gartmore last year, strenuously denied there were any immediate plans to seek a stock listing. 'There are no immediate plans for the sell or flotation of Gartmore,' she told Thomson Financial News this evening. tf.TFN-Europe_newsdesk@thomson.com ml/jag/jag COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.