There's a chance that the Gates Corp., an iconic Denver brand,
could regain its independence if reports floating around Wall
Street pan out.  Onex Corp., the Toronto-based private equity
owner of the maker of automotive and industrial components, is
looking to either sell Gates or take it public in an initial
stock offering, the Wall Street Journal reported Wednesday,
citing unnamed sources.  A spokesperson with Gates declined to
comment on "speculative press articles."  Onex, together with
the Canada Pension Plan Investment Board, purchased Tomkins PLC,
the London-based parent of Gates, back in 2010 for $4.5 billion.
"They bought this in the depths, when things weren't going well
in automotive," said Mark Sunderhuse, a managing partner at Red
Rocks Capital, a Golden money manager that has 3.56 percent of
its actively managed portfolio invested in Onex.  Since that
well-timed purchase, Onex has sold off several Tomkins and Gates
units, reaping more than $2.5 billion. Those lucrative sales
combined with stron