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The information below comes from the UK Activity Report.
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Gartmore Gartmore, the investment bank, is to be sold by Nationwide Mutual of the US to a management buy-out and Hellman & Friedman for about £500m. 29-May-2006 Gartmore, the investment bank, is to undergo a strategic review by US-based parent company Nationwide, which could lead to a £1bn sale or flotation. 02-Nov-2005 Gartmore Investment Management is planning to launch a new private equity business in October. 17-Sep-2003 Gartmore is to shed 30 jobs in its fund management business, with the total headcount falling to 700 by the end of the year. 21-May-2003 Gartmore has acquired Riverview International, the US fund manager, for undisclosed terms. 18-Jun-2002 Gartmore is to sell its passive equity fund management business to State Street Global Advisors for undisclosed terms, in order to focus on its high margin active business. 18-Jul-2001 Royal Bank of Scotland is selling Gartmore, its recently-acquired pension fund management business, to Nationwide Mutual Insurance of the US for £1.03bn. 31-Mar-2000 Gartmore European Investment Trust is considering plans to make a takeover bid for the Dutch-based European Assets Trust. 22-May-1998 Gartmore, the pension fund manager, has merged its UK and international institutional divisions in an attempt to improve its performance. 07-Feb-1998 National Westminster Bank is acquiring Gartmore, the fund management concern which was 75% owned by Banque Indosuez, for £472m. 20-Feb-1996 NationsBank of the US wants to find a partner to make a joint bid for Gartmore. 16-Nov-1995 Gartmore is up for sale, as Banque Indosuez wants to sell its 75% stake. 30-Sep-1995 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007