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Credit Suisse Seeks Buyers for JO Hambro, Sunday Times Reports

May 20 (Bloomberg) -- Credit Suisse Group AG is selling JO Hambro Investment Management, the Sunday Times reported, without citing anyone.

Credit Suisse bought London-based JO Hambro, which employs about 100 people, in 2001 for 100 million pounds ($158 million), according to the newspaper. It may now be worth about 60 million pounds, the newspaper said.

A spokeswoman for Credit Suisse in London declined to comment on the report.

To contact the editor responsible for this story: Mike Harrison at mharrison5@bloomberg.net

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