23rd Mar 2006 13:15
Henderson Group plc23 March 2006 Review of acquisition opportunity concluded 23 March 2006 Henderson Group (the Group) announces today that it has concluded its review ofa potential strategic acquisition opportunity. It has decided not to pursue theacquisition further. The Group Board (the Board) assessed the potential acquisition on a range ofcriteria. These included strategic fit, earnings and value accretion andexecution risk. Whilst the Board concluded that the potential combination hadstrategic merit, it became clear that the acquisition terms that the Board wouldhave considered attractive and been prepared to recommend to shareholders, werenot acceptable to the sellers. The Group will now continue with its plans to return surplus capital ofapproximately £200 million to shareholders in 2006, and will update the marketin due course on the timing and method of this planned capital return. Henderson Group plc4 BroadgateLondon EC2M 2DARegistered in EnglandNo. 2072534 ABN 30 106 988 836 Notes to editors About Henderson Group plc Henderson Group plc is headquartered in London and listed on the London andAustralian stock exchanges. It is a member of both the FTSE 250 and the ASX 200indices. Henderson Group consists of Henderson Global Investors, a leadingEuropean based investment manager with over £67.7 billion of assets undermanagement, and the Corporate office. The focus of the Group is to build the asset management operations into a moreprofitable and valuable business. In this announcement, the term "shareholders" refers to all holders of HendersonGroup plc shares - including those whose holdings are in the form of CHESSDepositary Interests on the Australian Stock Exchange. Further information www.Henderson.com or Investor enquiriesMav WynnHenderson Group Head of Investor Relations +44 20 7818 [email protected] enquiriesUnited Kingdom - FinsburyAndrew Mitchell +44 20 7251 3801Australia - CanningsGloria Barton +61 2 9252 0622 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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