July 26 (Reuters) - Brightsphere Investment Group Inc BSIG.N :
- ANNOUNCES DIVESTITURE OF AFFILIATES BARROW, HANLEY, MEWHINNEY & STRAUSS AND COPPER ROCK CAPITAL PARTNERS
- ABOUT $335 MILLION OF EXPECTED AFTER-TAX PROCEEDS FROM DIVESTITURES ENABLING US TO REDUCE DEBT AND REPURCHASE SHARES
- DIVESTITURES COULD GENERATE DOUBLE DIGIT ACCRETION TO 2021 ENI PER SHARE
- AGREE TO SELL 75.1% OWNERSHIP INTEREST IN BARROW HANLEY TO PERPETUAL LIMITED FOR $319 MILLION
- AGREED TO SELL ITS EQUITY INTERESTS IN COPPER ROCK TO SPOUTING ROCK ASSET MANAGEMENT LLC AND COPPER ROCK MANAGEMENT
- ANTICIPATES TOTAL AFTER-TAX PROCEEDS FROM COPPER ROCK'S TRANSACTION OF ABOUT $15 MILLION
News: PPT Brightsphere Investment Group Announces Divestiture Of Affiliates Barrow, Hanley,...
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$19.38 |
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Mkt cap ! $2.222B | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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