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DBRS Says Great-West Lifeco's Plan to Sell Putnam Investments to Franklin Templeton Doe.
Franklin Templeton just crossed US$15 billion in global ETF assets, so it seems as though plenty of investors are interested in our offerings.
Source: https://seekingalpha.com/article/4607511-beyond-the-garden-variety-of-etfs?source=feed_all_articles
Franklin Templeton Mutual Fund and DSP Mutual Fund have also received RBI's approval to buy 9.99% stake each in the bank.
Franklin Templeton will offer 33.33 million Franklin Templeton shares worth approximately US$950M-1.0B in upfront consideration followed by US$100 million in cash six months after the transaction closes.
Franklin Templeton will offer 33.33 million Franklin Templeton shares worth approximately US$950M-1.0B in upfront consideration followed by US$100 million in cash six months after the transaction closes.