trending Market Intelligence /marketintelligence/en/news-insights/trending/_prf5cBXX0erz_K1u8oYDQ2 content esgSubNav
In This List

Franklin Resources acquires Savanna Energy Services common shares

Blog

Managed Services Insights: The client lifecycle management solution

Blog

Technology & Automation Insights: Elevating KYC and onboarding efficiency

Blog

Banking Essentials Newsletter: May 15th Edition

Blog

Data Insights: Enhancing regulatory compliance and client lifecycle management.


Franklin Resources acquires Savanna Energy Services common shares

Franklin Resources Inc., through one or more affiliated investment managers, acquired control of 41,600 Savanna Energy Services Corp. common shares.

The shares were acquired on Dec. 13, 2016, through the facilities of the Toronto Stock Exchange.

The company now holds 23,197,856 Savanna shares, representing about 19.63% of Savanna's outstanding shares.

Franklin Resources operates as Franklin Templeton Investments.