Invesco Ltd. agreed to acquire OppenheimerFunds Inc., an asset management affiliate of Massachusetts Mutual Life Insurance Co.
Upon deal closing, Massachusetts Mutual will own an approximately 15.5% stake in Invesco.
Details to follow.
Invesco acquiring OppenheimerFunds
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Invesco Ltd. agreed to acquire OppenheimerFunds Inc., an asset management affiliate of Massachusetts Mutual Life Insurance Co.
Upon deal closing, Massachusetts Mutual will own an approximately 15.5% stake in Invesco.
Details to follow.