(Reuters) - The value of asset management merger and acquisition
transactions more than doubled January-June to $32.3 billion,
from $13.7 billion in the year-ago period, the firm said.
Recent M&A deals in the industry include the $5.75 billion
bid for Nuveen Investments by an investor group led by
private equity firm Madison Dearborn Partners LLC, and
BlackRock Inc.'s . purchase of Quellos Group's fund of
funds business for up to $1.7 billion to expand its hedge
funds.
Read more at Reuters.com Mergers News
transactions more than doubled January-June to $32.3 billion,
from $13.7 billion in the year-ago period, the firm said.
Recent M&A deals in the industry include the $5.75 billion
bid for Nuveen Investments by an investor group led by
private equity firm Madison Dearborn Partners LLC, and
BlackRock Inc.'s . purchase of Quellos Group's fund of
funds business for up to $1.7 billion to expand its hedge
funds.
Read more at Reuters.com Mergers News
No comments:
Post a Comment