Franklin Templeton is entering into a definitive agreement to acquire Putnam Investments from Great-West Lifeco Inc. for about US$925 million. As part of the agreement, Great-West will become a long-term strategic shareholder in Franklin Resources Inc. — Franklin Templeton’s parent company — with a 6.2 per cent stake. In addition, Great-West will will provide an initial long-term […]
Company posts an 11.6% return for 2018 fiscal year.
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