PNB to sell 6.5 pct in UTI arms to T.Rowe Price
Sify (Free subscription) | yesterday
Punjab National Bank said on Monday it will sell 6.5 percent stake each in UTI Asset Management and UTI Trustee Co to U.S. money manager T. Rowe Price.
Lessons from the Legends of Wall Street : How Warren Buffett, Benjamin Graham, Phil Fisher, T. Rowe Price, and John Templeton Can Help You Grow Rich
Sify (Free subscription) | yesterday
Punjab National Bank said on Monday it will sell 6.5 percent stake each in UTI Asset Management and UTI Trustee Co to U.S. money manager T. Rowe Price.
PR News Wire (Free subscription) | 6 hours ago
BALTIMORE, Nov. 9 /PRNewswire-FirstCall/ -- T. Rowe Price Group (Nasdaq: TROW) today announced that it has entered into definitive agreements to acquire a 26% stake in UTI Asset Management Company Limited and UTI Trustee Company Pvt. Ltd. for INR 6.5 billion (approximately $138 million based on current exchange rates). The transaction is subject to receipt of requisite regulatory approvals and...
The Baltimore Business Journal (Free subscription) | 2 hours ago
T. Rowe Price will buy a 26 percent stake in UTI Asset Management Co. Ltd. and UTI Trustee Co. Pvt. Ltd for approximately $138 million.
The Washington Business Journal (Free subscription) | 3 hours ago
T. Rowe Price will buy a 26 percent stake in UTI Asset Management Co. Ltd. and UTI Trustee Co. Pvt. Ltd for approximately $138 million.
Boston Globe (Free subscription) | 4 hours ago
T. Rowe Price Group has agreed to purchase a 26 percent stake in India's oldest mutual fund firm for $138 million, the Baltimore company announced Monday.
Baltimore Sun (Free subscription) | 4 hours ago
T. Rowe Price Group has agreed to purchase a 26 percent stake in India's oldest mutual fund firm for $138 million, the Baltimore company announced Monday.
Daily News Analysis (Free subscription) | 8 hours ago
Mumbai: State Bank of India, the country's largest lender, said on Monday it had entered into an agreement with T. Rowe Price to sell a 6.5% percent holding each in UTI Asset Management Company and UTI Trustee Company.
Reuters UK (Free subscription) | yesterday
MUMBAI, Nov 9 (Reuters) - State Bank of India , the country's largest lender, said on Monday it had entered into an agreement with T. Rowe Price to sell a 6.5 percent holding each in UTI Asset Management Company and UTI Trustee Company.
<title> - MarketColorz, Indian Stock Market... (Free subscription) | 11 hours ago
State Bank of India, the country’s largest lender, said on Monday it had entered into an agreement with T. Rowe Price to sell a 6.5 per cent holding each in UTI Asset Management Company and UTI Trustee Company. State Bank currently holds 25 per cent in each of the companies and after the sale its holding would be reduced to 18.5 per cent, it said in a statement. Related Posts: PNB extends...
<title> - MarketColorz, Indian Stock Market... (Free subscription) | 11 hours ago
Punjab National Bank said on Monday it will sell 6.5 per cent stake each in UTI Asset Management and UTI Trustee Co to US money manager T. Rowe Price. The stake sale in the asset management company will fetch the state-run lender Rs 163 crore, it told the stock exchange. Punjab National Bank holds 25 per cent stake in India’s oldest mutual fund firm. Related Posts: Market set for extended...
Market Watch (Free subscription) | 6 hours ago
NEW YORK (MarketWatch) -- T. Rowe Price Group said Monday that it has agreed to buy a 26% stake in India's UTI Asset Management Co. Ltd. for roughly $138 million. UTI, which has about $17 billion in assets under management, is India's fourth-largest asset manager and its oldest mutual-fund institution. The firm has a 10% share of the Indian mutual-fund market. "The UTI investment reflects...
Business Wire (Free subscription) | 11/04/2009
CHICAGO--(BUSINESS WIRE)--Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value. The four highlighted picks are: Compellent Technologies, Inc. (NYSE: CML), ...
The Earth Times Online Newspaper (Free subscription) | 11/04/2009
CHICAGO - Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Mome
Disciplined Approach to Investing (Free subscription) | 11/06/2009
... large multinational companies. Source: The Market Recovery and Outlook for Small-Cap Stocks (PDF) T.Rowe Price Report By: Jack LaPorte Fall 2009 http://individual.troweprice.com/staticFiles/Retail/Shared/PDFs/PriceReports/Fall2009PriceReport.pdf
Talking Biz News (Free subscription) | 11/06/2009
... The section was about investing in mutual funds, and it was full of ads from Vanguard, Fidelity, T. Rowe Price, Oppenheimer, and others. Obviously, they chose to advertise in that section because they knew in advance there would be special coverage of mutual funds on that day.” Read more here .